Twitter Goes Big With $200 Million in Funding

Twitter is putting to rest any doubts it is taking a shot at being one of the Web’s next big platforms with a $200 million funding round that values the company at a staggering $3.7 billion.

AllThingsD.com reported details of the round, which will also bring former DoubleClick CEO David Rosenblatt and Flipboard CEO Mike McCue to its board of directors. (Twitter has confirmed the funding round and new board members.)

The funding round comes after Twitter reportedly spurned acquisition feelers from Google.

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