WSJ:
Twitter Inc., the fast-growing Internet messaging service, is privately raising hundreds of millions of dollars in a new financing round that values the company at as high as $7 billion, said a person familiar with the matter.
The move comes seven months after Twitter, which lets people broadcast and read messages called tweets, raised $200 million in a financing round led by Kleiner Perkins Caufield & Byers that valued the company at $3.7 billion. It's unclear which investors are participating in the new round.
Twitter Inc., the fast-growing Internet messaging service, is privately raising hundreds of millions of dollars in a new financing round that values the company at as high as $7 billion, said a person familiar with the matter.
The move comes seven months after Twitter, which lets people broadcast and read messages called tweets, raised $200 million in a financing round led by Kleiner Perkins Caufield & Byers that valued the company at $3.7 billion. It's unclear which investors are participating in the new round.
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