Twitter Now Valued At $8 Billion, Sources Say

Twitter’s valuation continues to rise as new reports have the company raising $400 million in a private round of financing.

According to the New York Times DealBook, Twitter is in the process of raising $400 million.

The deal will value Twitter at $8 billion.

Two sources close to the deal told the New York Times that DST Global (a firm which tried to, but couldn’t, get in on Twitter’s last round of funding) will be leading this round, and previous investors including Kleiner Perkins will also participate.

This information comes on the heels of a report from the Wall Street Journal that Twitter

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