Opportunity Knocks. Twitter is growing at a phenomenal rate. Active users have increased 900% in a year and even though our web traffic is amazing, we see twice that traffic to the APIs. Interacting with Twitter over SMS is also getting more popular every day. Our relatively small team of 29 employees has accomplished quite a bit lately but it’s obvious that we have the world ahead of us.
An Offer We Couldn’t Refuse We weren’t actively seeking more funding because significant capital from last year’s partnership with Bijan and his team at Spark is still in the bank. Last night, we closed on funding with our friends Peter Fenton from Benchmark and Todd Chaffee from Institutional Venture Partners. VC funding runs out of gas - BloggingBuyouts.