Twilio raises $130M in Series E funding

What does Twilio do?

Twilio, is developer platform for communications. It is a cloud communication firm which helps users in using standard web languages for building VoIP, voice and SMS apps through a web API. This communications developer platform, is reinventing telecom by merging the worlds of web services, cloud computing and telecommunications. With this company businesses and developers can make communications more contextual by embedding video, voice, authentication and messaging directly into apps. Businesses such as Coca-Cola, DocuSign, Uber, Home Depot etc trust Twilio to power their communications.

How much Twilio was funded?

Twilio raised  $130M in Series E on July 29, 2015 from T. Rowe Price (Lead), Amazon, Altimeter Capital, Draper Fisher Jurvetson (DFJ), Arrowpoint Partners, Salesforce Ventures and Fidelity Investments

Previous funding

$1M in Seed round on January 1, 2009 from Bessemer Venture Partners, Dave McClure, Chris Sacca, David Cohen, K9 Ventures Partner: Manu Kumar, FF Angel LLC, Mitchell Kapor and Manu Kumar

$70M in Series D on June 7, 2013 from Redpoint Ventures(Lead) Partner: Scott Raney, Draper Fisher Jurvetson (DFJ), Bessemer Venture Partners Partner: Ethan Kurzweil

$17M in Series C funding on December 7, 2011 from Bessemer Venture Partners Partner: Ethan Kurzweil, Union Square Ventures, Infocomm Investments Partner: Albert Wenger

$12M in Series B on November 9, 2010 from Bessemer Venture Partners(Lead) Partner: Ethan Kurzweil, K9 Ventures Partner: Manu Kumar, 500 Startups Partner: Dave McClure, Union Square Ventures Partner: Albert Wenger and SV Angel

$3.7M in Series A on December 30, 2009 from Bessemer Venture Partners Partner: Ethan Kurzweil, Founders Fund Partner: Dave McClure, David Cohen, Lowercase Capital Partner: Chris Sacca, K9 Ventures Partner: Manu Kumar, Mitchell Kapor, Manu Kumar and Union Square Ventures Partner: Albert Wenger

What is next for Twilio?

Twilio plans to use the latest funding for  accelerating its product roadmap, such as real time communications suite and for accelerating its global expansion plans and for augmenting its ability to execute on strategic opportunities.

More about Twilio

Twilio was founded in 2008 by Jeff Lawson, Evan Cooke and John Wolthuis. It has its headquarters in San Francisco, CA.