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Twitter Gets Major Funding, Adds New Data Center

Posted by ryuzaki0 on from the power-up dept.

1sockchuck writes "Twitter has announced new funding led by Kleiner Perkins, with reports placing the new round at $200 million for a valuation of $3.7 billion. Twitter CEO Dick Costolo said the microblogging service added more than 100 million new accounts in the past 12 months. That kind of growth requires a lot of servers, so Twitter will open a new data center in Sacramento as it begins to operate its own facilities, following a path forged by Google and Facebook."

4 of 125 comments (clear)

  1. One question that we all want to know by santax · · Score: 5, Funny

    Now, when they get that second server, will we be able to at least get 255 chars in a tweet?

  2. The funding was delivered in the form... by forkfail · · Score: 3, Funny

    ... of 1,428,571 $1.40 checks, so it'll take a while before they can actually use it...

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    Check your premises.
  3. Says something about the state of things by thewils · · Score: 3, Funny

    Consecutive articles on /. $30M for biofuel research, $200M for twitter. We're fucked, but at least we can tweet about it.

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    Once I was a four stone apology. Now I am two separate gorillas.
  4. Re:Yay... by Stregano · · Score: 4, Funny

    There must be like a million better uses for it

    coke and hookers?

    --
    The world is how you make it