Twitter CEO Evan Williams spoke to a conference press such as the website Twitter.com is launched in San Francisco, California on 14 September 2010.
Credit: Reuters/Robert GalbraithBy Alexei OreskovicSAN FRANCISCO | Wednesday, December 15, 2010 5: 24 pm EST
SAN FRANCISCO (Reuters) - Twitter raised $ 200 million in funding in a deal that values society microblogging to 3.7 billion, less than a year after that he began his first serious efforts to make money.
Investment from the Silicon Valley Kleiner Perkins Caufield & Byers venture capital firm and current investors, Twitter said.
The money will be used to Twitter grow the company, said in a post on his blog corporate Wednesday Twitter. Blog blog not specified and a spokesman declined to offer details.
Twitter, which was September, 175 million users is networking among new fast growing harvest Internet social services. Include Facebook and Zynga.
The company has added two new members of the Council - FlipBoard Director General Mike McCue and DoubleClick CEO David Rosenblatt.
Shifts are two months after the company four years provided the position of Chief Executive Dick Costolo, the architect of its advertising efforts, a sign that the money is a priority for the service.
Costolo told Reuters in May that Twitter provided to hundreds of advertisers for its system of advertising at the end of the year. He said previous assessment that $ 1 billion business meant that onus on Twitter to grow a business that can generate hundreds of millions of dollars in revenue.
Twitter had raised $ 160 million in four rounds of funding earlier.
AllThingsDigital first tours $ 200 million financing technology blog. Told that Kleiner Perkins fight global DST Russian investment firm. Twitter spokesman confirmed that the figures are accurate.
Twitter, which allows users to send messages text of 140 characters or Tweets disciples, is one of the most popular social networking Web and it is difficult for the Web services such as Google Inc. and Yahoo! Inc. established.
Investors watch service closely, hoping one day public shares of the company.
(Reported by Alexei Oreskovic.) Additional reporting by Jim Finkle. (Editing by Robert MacMillan)
