Silicon Alley http://siliconalley.net We cover technology, media, and communications, with a focus on companies in New York. Thu, 31 Jul 2008 18:00:13 +0000 http://wordpress.org/?v=2.5.1 en Twitter Announces Round Three of Funding http://siliconalley.net/2008/06/8/twitter-announces-their-funding-aspiring-to-be-communication-utility/ http://siliconalley.net/2008/06/8/twitter-announces-their-funding-aspiring-to-be-communication-utility/#comments Tue, 24 Jun 2008 22:27:15 +0000 admin http://siliconalley.net/?p=8 ShareThis

]]> Twitter has just announced their third round of funding. New investors include Bijan Sabet with Spark Capital and Jeff Bezos of Bezos Expeditions. Existing partners Union Square Ventures and Digital Garage exercised their pro rata rights to participate in this round as well.

Twitter plans to eventually become a sustainable business supported by a revenue model. They feel private funding is the roadway to reaching this objective.

]]> http://siliconalley.net/2008/06/8/twitter-announces-their-funding-aspiring-to-be-communication-utility/feed/ Hello world! http://siliconalley.net/2008/06/1/hello-world/ http://siliconalley.net/2008/06/1/hello-world/#comments Tue, 24 Jun 2008 20:04:16 +0000 admin http://siliconalley.net/?p=1 ShareThis

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