VentureWrap: Twitter Takes On Amazon

Following on from Twitter‘s $15M Series B funding round at a pre-money of $80M last month, the South Park-based micro-blogging phenomenon has taken on board two further investors.

Joining the already impressive investor lineup of Union Square Ventures and Digital Garage, Spark Capital and Amazon founder Jeff Bezos’s investment vehicle, Bezos Expeditions, have bought equity in the business.

Spark’s Bijan Sabet will join Twitter’s board and Jeff will no doubt provide invaluable advice around scalability.

In fact, writing on the Twitter blog, Evan Williams points to the vision for the business, and it’s all good:

Twitter will become a sustainable business supported by a revenue model. However, our biggest opportunities will be worth pursuing only when we achieve our vision of Twitter as a global communication utility. To reach our goal, Twitter must be reliable and robust.

Private funding gives us the runway we need to stay focused on the infrastructure that will help our business take flight. We will continue hiring systems engineers, operators, and architects, as well as consultants, scientists, and other professionals to help us realize our vision.

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