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Twitter Confirms Major Cash Boost Sunday, September 27, 2009 - Ehud Rattner Home >> Headlines >> Internet   
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Social networking website Twitter has confirmed that it has closed a "significant round of funding". Co-founder Evan Williams said in a blog post that the site had secured money from five investment firms. However, he did not confirm earlier reports that suggested the firm had managed to secure $100 million, which would value the firm at $1bn. The site, which allows users to write and share 140-character messages, has more than 45 million users worldwide. (source: news.bbc.co.uk)
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