July 30, 2015
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 Salesforce.com (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.
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