Twitter Valued At $7 Billion, Nearly Double Its Valuation Six Months Ago

The Wall Street Journal is reporting that Twitter has entered a new round of private funding which puts its valuation at close to $7 billion – nearly double its valuation just six months ago.

Citing unnamed sources familiar with the situation, the Journal reports that, “the round could yield hundreds of millions of dollars and value Twitter as high as $7 billion.”

This $7 billion valuation is nearly double the $3.7 billion valuation that Twitter saw when it last raised funds in just over six months ago in December.

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