Twitter Confirms "Significant Round Of Funding"

Reports that Twitter was seeking a new round of funding were confirmed Monday, with the announcement on the Twitter blog of a “significant round of funding led by the venture firm DST Global, with the participation of several of our existing investors.”

Twitter remains tight-lipped about the details of its latest round of funding, only saying that they will “use these resources to aggressively innovate, hire more great people and invest in international expansion.”

There was no official word on the exact amount raised, although early reports suggested that it would be around $800 million.

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