Twilio, the San Francisco, CA-based developer platform for communications, closed a $130m Series E funding round.
The round was led by Fidelity and T. Rowe Price with participation from new investors Altimeter Capital Management and Arrowpoint Partners, as well as strategic investors Amazon.com and Salesforce Ventures.
The company, which has raised over $240M to date, intends to use the funds to continue to develop its products, such as the recently announced Real-time Communications Suite, which includes Video and IP Messaging products, to accelerate its global expansion plans, and to explore acquisition opportunities as the recent one of Authy, a provider of mobile and Web access security solutions.
Led by Jeff Lawson, CEO, Twilio provides a platform that allows businesses to embed real-time communication and authentication capabilities directly into their software applications. The solution has nearly 700,000 registered developers and is used in more than one million unique software applications from such disruptors as Uber, Box and DocuSign and enterprises such as Nordstrom, Coca-Cola, Walmart and Home Depot trust Twilio.
Founded in 2008, the company is privately-held and has over 400 employees with offices in San Francisco, Mountain View, New York City, London, Munich, Dublin, Tallinn, Estonia, and Bogota, Colombia.