Funding

Twilio raises $100M in Series E

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What does Twilio do?

Twilio, is a cloud communication firm which enables users in using standard web languages for building voice, SMS app and VoIP through a web API. This startup is reinventing telecom by merging web services, cloud computing and telecommunications world. It provides a telephony infrastructure web service in the cloud, allowing web developers to integrate text messages, phone calls and IP voice communications into their web, traditional and mobile phone apps.

This cloud communications company sells an API which enables developers add voice, call, text and picture messaging to apps. Some of its clients are Walmart, Uber Technologies, Coca Cola, Airbnb, Home Depot etc.

How much Twilio was funded?

Twilio raised $100M in Series A round on May 5th, 2015 from the investors Draper Fisher Jurvetson, Bessemer Venture Partners and Redpoint Ventures.

Previous funding

 

  • $1Min Seed funding on January 1, 2009 from Dave McClure, David Cohen, Bessemer Venture Partners, FF Angel LLC, K9 Ventures and Jeff Fluhr.
  • $3.7Min Series A funding on December 30th, 2009 from Lowercase Capital, David Cohen, Mitchell Kapor, Founders Fund, Union Square Ventures, Bessemer Venture Partners and other angel investors.
  • $12Min Series B funding on November 9, 2010 from K9 Ventures, Bessemer Venture Partners, 500 Startups, SV Angel and Union Square Ventures.
  • $17Min Series C funding on December 7, 2011 from Bessemer Venture Partners and Union Square Ventures
  • $70Min Series D on June 7, 2013 from Redpoint Ventures, Bessemer Venture Partners and Draper Fisher Jurvetson (DFJ)

What is next for Twilio?

The newly acquired funding has pushed the company’s valuation to $1.1 billion placing it in the unicorn club which is a club for venture backed companies worth more than $1billion.

More about Twilio

Twilio was founded on January 1st, 2007 by Jeff Lawson, John Wolthuis and Evan Cooke. It has its headquarters in San Francisco, CA.