$130M Series E Funding
On July 29, 2015 Twilio announced they have closed on $130 Million Services E funding led by Fidelity and T. Rowe Price, Adds Strategic Investors Amazon.com and Salesforce Ventures. Twilio will use the additional capital to accelerate its product roadmap, such as the recently announced Real-time Communications Suite, which includes Video and IP Messaging products. The additional capital will also accelerate Twilio’s global expansion plans, deepen its penetration into enterprise accounts, and augment its ability to execute on strategic opportunities such as the company’s recent acquisition of Authy, a leading provider of mobile and Web access security solutions.
Twilio, the 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. The company is privately held and based in San Francisco, California.
You can find more information on Twilio’s funding on the Twilio’s blog.