Twilio Secures $17,000,000 Series C Financing Round

  • Feed Type
  • Date
    12/7/2011
  • Company Name
    Twilio
  • Mailing Address
    548 Market St San Francisco, CA 94104
  • Company Description
    Twilio 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.Using Twilio’s simple API, customers build sales automation systems, order inquiry lines, CRM solutions, call routing apps, phone trees, appointment reminders, custom voicemail apps, and a whole lot more.Twilio is a privately held company with offices in Seattle and San Francisco.
  • Website
    http://www.twilio.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $17,000,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    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.
  • M&A Terms
  • Venture Investor
    Bessemer Venture Partners
  • Venture Investor
    Union Square Ventures