Twilio Raises $12M Series B

11/10/10Follow @wroush

San Francisco-based Twilio, a two-year-old startup offering developers easier ways to create interactive voice software for call centers and click-to-call Web apps, said this week that it has raised $12 million in Series B venture funding. Bessemer Venture Partners, a new backer, led the round, which also included Union Square Ventures, 500 Startups, and individual investors. Twilio, formerly based in Seattle, raised $3.7 million in Series A funding from Union Square and other investors last December. The new funding was first reported by TechCrunch.

Wade Roush is a contributing editor at Xconomy. Follow @wroush

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