Latest Twitter valuation puts its worth at USD 1 billion!

September 17th, 2009 Leave a comment Visited 483 times, 1 so far today















Latest Twitter valuation puts its worth at USD 1 billion!

TechCrunch is reporting that Twitter is closing in on a new venture round that puts its value at around USD 1 billion.

The company is expected to raise around USD 50 million.

The popular micro-blogging service had raised $35+ million earlier this year. That round had put the value of Twitter at around USD 250 million.

TechCrunch added: “The company has raised a total of around $55 million to date, and sources tell us they have approximately $30 million left in the bank.”

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