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September 25, 2009

Twitter investors include T. Rowe Price

Twitter Inc., the social-networking site used by everyone from Oprah Winfrey to British royalty, received a “significant” round of venture capital financing from firms including T. Rowe Price Group Inc.
Other investors include Insight Venture Partners, Institutional Venture Partners, Spark Capital and Benchmark Capital, Twitter said today on its blog. Twitter’s previous round of funding was $35 million in February, bringing its total at the time to more than $50 million. The company has yet to report any significant revenue.

Posted by Jay Hancock at 3:53 PM | Permalink | Comments (0)
Categories: Technology & Innovation

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About Jay Hancock

Jay Hancock has been a financial columnist for The Baltimore Sun since 2001. He has also been The Baltimore Sun's diplomatic correspondent in Washington and its chief economics writer. Before moving to Baltimore in 1994 he worked for The Virginian-Pilot of Norfolk and The Daily Press of Newport News.

His columns appear Tuesdays and Sundays.

Follow @jayhancock1 on Twitter