WSJ: Twitter to Get $100 Million In New Funding
Wildly popular microblogging service Twitter is close to finalizing a deal today to raise $100 million in new funding, according to an article in the Wall Street Journal.
The money would come from a group of seven investors, WSJ’s Michael Corkery and Jessica E. Vascellaro report:
The investor group includes mutual fund giant T. Rowe Price and private-equity firm Insight Venture Partners, which are new investors to Twitter. The $100 million investment is about twice as much as Twitter was reportedly expected to haul in this latest round of fund-raising.
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