Thursday, December 16, 2010

Twitter Raises $200 Million at $3.7 Billion Valuation; Adds New Board Members | Kara Swisher | BoomTown | AllThingsD

On another Twitter/Flipboard dimension…

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.

Twitter Raises $200 Million at $3.7 Billion Valuation; Adds New Board Members | Kara Swisher | BoomTown | AllThingsD

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