Cloud communications firm Twilio raise $3.7M

The Fusion Team have completed over 70 digital and media transactions for its private, corporate and private equity clients. For more information contact pkelly@fusioncorp.co.uk or visit our website
 
FUND RAISING 
Database Reference:  F231109-313
 
Business:  Twilio
Web:  http://www.twilio.com      Twitter
Location:  USA, San Francisco, CA
Region:  North America
Business description:  Provides a web-service API for businesses to build scalable communications apps that make and receive phone calls.
Category: Telecommunications, Technology
Contact 1:  Jeff Lawson, co-founder
Contact 2:  John Wolthuis, co-founder
Contact 3:  Evan Cooke, co-founder
 
Investors:  The round was lead by Albert Wenger of Union Square Ventures who will become a board director.
  
Amount raised:  $3,700,000 
 
Details:  Twilio raise $3.7M to expand product development, sales, and marketing efforts. Albert Wenger of Union Square Ventures will become a board director. Also joining the board is Dave McClure of original March 09 seed funder Founders Fund. David Cohen, Chris Sacca, Manu Kumar, Mitch Kapor, and other angel investors also participated in the seed round.

Link:  Twilio Blog (30 Dec 09)

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