Friday, September 9, 2011

Twitter Reaches New Milestone: 100 Million Users (More Than Half On Mobile) | paidContent

Twitter Reaches New Milestone: 100 Million Users (More Than Half On Mobile) | paidContent: "Twitter has not been very forthcoming on user numbers, but today it gave a shower of stats and data to mark a milestone in its growth: 100 million monthly active users. It’s a measure, perhaps, of which social networks see each other as the key competition: the news comes just one day after numbers came out allegedly giving details about revenues at Facebook—$1.6 billion in the first half of 2011—and a Twitter developer poked fun at how closely Facebook’s new mobile app for iOS resembled Twitter’s.

And to cap off the celebration, it looks like the company has also closed a huge funding round of $800 million, with $400 million from DST closed last month and the remaining $400 million closing today. Investors are understood to include Spark Capital and Union Square Ventures, according to Fortune."

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