Twilio Secures $17,000,000 Series C Financing Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4e809597-ca45-4766-b515-c700f54a1a46&Preview=1 -
Date
12/7/2011 -
Company Name
Twilio -
Mailing Address
548 Market St San Francisco, CA 94104 -
Company Description
Twilio provides an in-cloud API for voice communications that leverages existing web development skills, resources and infrastructure. Twilio’s simple programming interface opens the field of voice applications to millions of web developers, and its Pay-As-You-Go pricing allows customers to pay for capacity on when they need it, not before.Using Twilio’s simple API, customers build sales automation systems, order inquiry lines, CRM solutions, call routing apps, phone trees, appointment reminders, custom voicemail apps, and a whole lot more.Twilio is a privately held company with offices in Seattle and San Francisco. -
Website
http://www.twilio.com -
Transaction Type
Venture Equity -
Transaction Amount
$17,000,000 -
Transaction Round
Series C -
Proceeds Purposes
Twilio will use the money to continue expanding its offerings around the world and to build out its team. The company is hiring positions in sales, marketing, and engineering. -
M&A Terms
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Venture Investor
Bessemer Venture Partners -
Venture Investor
Union Square Ventures
