Twilio Raises $17M in Series C Funding

Funding Rounds

▤ Summary

Twilio, a San Francisco, CA-based company that provides a cloud communications platform, has raised $17m in a Series C round of funding.Backers include Series B investors Bessemer Venture Partners and Union Square Ventures.Twilio intends to use the funds to continue expanding around the world and to build out its sales, marketing, and engineering teams (http://twilio.com/jobs).The company, which announced its product availability in the United Kingdom (where it opened a London office) in October, also plans to expand in Poland, France, Portugal, Austria, Denmark, Italy, Romania, Greece, Belgium, Czech Republic, Hungary, Sweden, Switzerland, Bulgaria, Slovakia, Finland, in the next months.Led by CEO and co-founder Jeff Lawson, Twilio offers a telephony infrastructure web service in the cloud, which is used by tens of thousands of companies and software developers to build a vast array of communications applications, including web-based distributed call centers, voice and SMS notification systems, hosted IVRs, conferencing solutions, group messaging apps, etc.. FinSMEs 07/12/2011

$ Funding

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Amount $17.0M Total raised
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Date December 7, 2011 Announcement date
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Investors Bessemer Venture Partners, Twilio, Union Square Ventures, Infocomm Investments Lead investors
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Company http://www.twilio.com Funded company

▥ Classifications

industries
Telecommunications
applications
Customer Service & Support

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Labels
CPaaS SaaS Developer Tools

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