$50 Million TwilioFund for Developers

Overview

Twilio announced the new TwilioFund at their Signal Conference on May 20th, 2015. TwilioFund is a $50M investment fund designed to grow an ecosystem of companies that build innovative and engaging applications on Twilio’s platform. Partnering with top VC firms Bessemer Venture Partners, DFJ, and Redpoint Ventures to fund developers and startups using Twilio’s platform to build mobile and web applications. Teams funded through this program will have an opportunity to access capital from our VC partners, receive credits and get marketing support and advice on best practices.

About Twilio

A software and cloud-based communications platform, enables developers and businesses to rapidly build and deploy communication solutions that meet their specific needs. Whether integrating voice, messaging and/or VoIP capabilities into a web or mobile app or building a complete system like a call center, Twilio removes the traditional obstacles to creating effective communications experiences. Twilio gives businesses the ability to innovate, prototype, create, and connect with their customers at the right time and in the way.

Content Source

You can find more information about the TwilioFund on Twilio’s website.

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