Twitter co-founder Biz Stone, in a post on the company blog entitled ‘Opportunity Knocks’, has announced a new round of funding from venture capitalists International Venture Partners and Benchmark.
No investment figure is confirmed in the blog, but several sources including AFP are citing figures in the region of $35 million.
His key statement regarding revenue models for the service, the subject of a great deal of speculation, was as follows:
“We are now positioned extremely well to support the accelerating growth of our service, further enable the robust ecosystem sprouting up around Twitter, and yes, to begin building revenue-generating products. Throughout this year and beyond, our small team will grow much bigger to meet the challenges and opportunities ahead.” — Biz Stone
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