Twilio has added $130 million in a Series E funding round led by Fidelity Investments and T. Rowe Price. Here's everything you need to know.

Dan Kobialka, Contributing writer

July 30, 2015

1 Min Read
Twilio CEO Jeff Lawson
Twilio CEO Jeff Lawson

Twilio has secured additional funding it will use to accelerate its product roadmap.

The cloud-based communications service provider this week said it has raised $130 million in Series E funding led by Fidelity Investments and T. Rowe Price. New investors Altimeter Capital Management and Arrowpoint Partners and strategic investors Amazon (AMZN) and Salesforce Ventures also participated in the funding round.

To date, Twilio has added over $240 million in financing, and the company intends to expand globally thanks in part to its Series E funding.

“Twilio’s innovative cloud communications platform is changing the way businesses communicate with their customers,” John Somorjai, executive vice president of corporate development and Salesforce Ventures at (CRM), said in a prepared statement.

In addition, Twilio continues to expand its product line.

Twilio in May unveiled Twilio IP Messaging and announced products and capabilities for messaging delivery, monitoring and scaling applications globally.

“We’re building the infrastructure for the future of communications and we can’t wait to see what our customers build next,” Twilio CEO Jeff Lawson said in a prepared statement.

What are your thoughts about Twilio’s Series E funding round? Share your thoughts about this story in the Comments section below, via Twitter @dkobialka or email me at [email protected].

About the Author(s)

Dan Kobialka

Contributing writer, Penton Technology

Dan Kobialka is a contributing writer for MSPmentor and Talkin' Cloud. In the past, he has produced content for numerous print and online publications, including the Boston Business Journal, Boston Herald and Dan holds a M.A. in Print and Multimedia Journalism from Emerson College and a B.A. in English from Bridgewater State College (now Bridgewater State University). In his free time, Kobialka enjoys jogging, traveling, playing sports, touring breweries and watching football (Go Patriots!).  

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