Investors Value Twitter at $3.7 Billion in New Round of Funding

Well, you knew Twitter would need more money some time. And Kara Swisher of All Things D reports that the some time is now. The company will take $200 million in fresh funding in a round led by legendary VC firm Kleiner Perkins.

Twitter has completed its latest round of funding-$200 million at a $3.7 billion valuation-with Kleiner Perkins as the lead investor, according to sources familiar with the situation. Sources said the San Francisco microblogging service is also adding two new board members: Flipboard's Mike McCue and former DoubleClick head David Rosenblatt.

Read the full story at All Things D.

Presented by

Why Principals Matter

Nadia Lopez didn't think anybody cared about her middle school. Then Humans of New York told her story to the Internet—and everything changed.

Join the Discussion

After you comment, click Post. If you’re not already logged in you will be asked to log in or register with Disqus.

Please note that The Atlantic's account system is separate from our commenting system. To log in or register with The Atlantic, use the Sign In button at the top of every page.

blog comments powered by Disqus

Video

A History of Contraception

In the 16th century, men used linen condoms laced shut with ribbons.

Video

'A Music That Has No End'

In Spain, a flamenco guitarist hustles to make a modest living.

Video

What Fifty Shades Left Out

A straightforward guide to BDSM

More in Technology

Just In