Latest Telepresence and Visual Collaboration News:
Wheelings & Dealings: Twilio's 'Unicorn' Funding Round Worth $130 Million
Twilio said that a Series E funding round back in April, which catapulted it into the "Billion Dollar Unicorn" club, totaled more than originally thought. While reports pegged the investment to be around $100 million, it actually came in around $130 million.
Twilio said it will use the additional funding to build out its real-time communications suite, which includes video and IP messaging products, as well as expand internationally.
The San Francisco-based company, led by CEO Jeff Lawson, specializes in providing an infrastructure-as-a-service (IaaS) platform for creating software-embedded, contextual communications. As such, it provides APIs for Web developers to build cloud communications applications using carriers' native voice and SMS network capabilities.
Add New Comment
Telepresence Options welcomes your comments! You may comment using your name and email (which will not be displayed), or you may connect with your Twitter, Facebook, Google+, or DISQUS account.
See what happens when YouTube and TPO come together at the Telepresence Options YouTube Channel.