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Twitter Gets Its Big One: Raises $35 Million Third Round

Micro-blogging service and media darling Twitter has raised its third round of funding. Co-founder Biz Stone announced the news in a blog post, listing Benchmark Capital and Institutional Venture Partners as lead investors; TechCrunch is reporting the amount at more than $35 million—which we are in the process of confirming. S.F.-based Twitter previously raised $20 million in two rounds from a host of new media backers, including Charles River Ventures, Spark Capital, Union Square Ventures and private investors like Marc Andreessen and Ron Conway.

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Published Friday, February 13, 2009 3:33 PM
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