t. rowe price

For all its talk of publicly sharing information with an ever-larger audience, Twitter kept curiously quiet when conversation turned to its own finances this time round.

It was first reported last week that Twitter was about to close a new round of funding. We confirmed as much yesterday, after new details of the funding emerged.

Insight Venture Partners, a New York private equity firm, and T. Rowe Price, a fund manager, are leading the $100m round, which values Twitter at $1bn. This is Twitter’s fifth round of funding, and brings total investment in the company to $155m.

But despite all the chatter, Twitter didn’t tweet about it. Read more