Twitter Being Valued at $7 Billion

July 5, 2011 2:59 PM EDT
The latest round of financing is valuing Twitter as high a $7 billion, the Wall Street Journal reported Tuesday citing people familiar with the matter.

This is nearly double the $3.7 billion value that was being placed on the company just seven months about after a $200million round led by Kleiner Perkins Caufield & Byer. It is unclear who is participating in the new round.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Insiders' Blog, Trader Talk

Related Entities

Twitter