Announcing New Investors and Our $130 Million Series E Round
Time to read: 2 minutes
“The Humpty Dance is your chance to do the hump
Do the Humpty Hump, come on and do the Humpty Hump
Do the Humpty Hump, just watch me do the Humpty Hump
Do ya know what I’m doing, doing the Humpty Hump
Do the Humpty Hump, do the Humpty Hump”
– Shock G aka Humpty Hump
I was told tech blog posts should start with rap lyrics, so there you go! I also wanted to announce that Twilio has closed a $130 million Series E round of funding, led by Fidelity and T Rowe Price, along with investments from Altimeter Capital Management and Arrowpoint Partners.
In addition, we’re privileged that Amazon.com and Salesforce were also significant participants in the round. We’ve had great relationships with Amazon and Salesforce, leaders in laaS and SaaS respectively, and now we have the opportunity to deepen the relationship between our companies. I truly admire these companies and their leaders for what they’ve accomplished in changing the landscape of the tech industry for the better. I look forward to working more closely with them as we continue to build Twilio into a great company together.
Many people ask what changes with a new round of financing. Turns out, the new investors hated everything about our existing business and asked that we change it all in exchange for their investment. So no more developer products and no more communications APIs.
Just kidding, that’s not how it works.
Like the investors who’ve backed us from the beginning, including Mitch Kapor, Dave Mcclure, K9 Ventures, Bessemer Venture Partners, Redpoint Ventures, and DFJ — our new investors deeply grok the importance of developers and are excited by the business opportunity Twilio has built to serve developers as our customers. We’re humbled by their support.
With this investment, we will increase our ability to give you the communications tools you need to build conversations anywhere, in the languages you’re familiar with, using technology you love. We’re investing heavily in the development of products you can use to create amazing customer experiences at global scale – such as the Twilio Real-time Communications Suite with Twilio Video and IP Messaging.
With over 700,000 developers on the Twilio platform today, we recognize the developer community’s investment in Twilio. The entire team here is constantly working to reciprocate that investment by providing the best SDKs, APIs, and developer tools you need to build the future of communications and serve your customers.
We can’t wait to see what you build!
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