Twitter's Latest Round of Funding to Close Next Week

Sources close to Twitter’s current round of funding say that it will likely close next week. Kleiner Perkins, a Silicon Valley venture firm, is poised to be the major investor, with smaller investors likely part of the deal as well.

While the mid-November rumors suggested that DST, a Russian holding firm known for its investment in profitable social media ventures, would be the major investor in Twitter, it now looks like DST has been squeezed out of the deal.

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