Twitter confirms “significant” new round of funding led by DST

After several weeks of rumors on Twitter , a message appeared saying that he had indeed received “a significant round of financing led by the DST Global venture capital company and with the participation of several former investors.”

Today's announcement was preceded by a series of messages. In early July, the Wall Street Journal announced that Twitter was getting ready to get a new round when evaluating its value at $ 7 billion. A day later, the New York Times announced that the company was in the process of closing a $ 400 million round of financing, valuing the company at $ 8 billion, led by DST and with former investor Kleiner Perkins.

On July 20, AllThings D  addedthat the size of the round will actually be $ 800 million, half of which will be distributed among employees and investors. According to Tekkrancha, this information is true.

According to Tekkranche, this has become a hallmark of DST - earlier the company acquired large blocks of shares in Facebook, Zynga and Groupon, allowing employees to receive funds and reducing the internal need for IPOs in companies.

DST Global CEO Yuri Milner said:

Twitter is one of the few companies that truly changed the world. Twitter's astounding growth is a testament to how important it becomes to more people every day, and why we could not miss the chance to be a big part of its future.

Twitter did not confirm the amount of the round, but announced that it plans to use the resources received in order to “actively engage in innovation, hire more great people and invest in international expansion.” In addition, Twitter today announced the opening of an office in New York.

[via TechCrunch , Mashable ]