Tech Company Financing Transactions
Twilio Funding Round
Twilio, based in San Francisco, scored $17 million from Bessemer Venture Partners and Union Square Ventures.
Transaction Overview
Company Name
Announced On
12/7/2011
Transaction Type
Venture Equity
Amount
$17,000,000
Round
Series C
Investors
Bessemer Venture Partners (Byron Deeter)
Union Square Ventures (Albert Wenger)
Proceeds Purpose
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.
Company Information
Company Status
Publicly-held
Industry
Communications
Mailing Address
645 Harrison St. 3rd Floor
San Francisco, CA 94107
USA
San Francisco, CA 94107
USA
Phone
Website
Email Address
Overview
Twilio (NYSE: TWLO) 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.
Management Team
Title
Name
Email & Social
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