Twilio Valued at +$1 Billion

Twilio, a cloud communication company that gives developers the ability to add SMS, voice, and VoIP functionality to their applications, raised a $100m Series E round yesterday.  The round – which essentially matches the $103m Twilio had previously raised – valued the company at over $1bn.  Twilio was last valued at $500m in June 2013.  Lead investors in the round were Bessemer Venture Partners, Draper Fisher Jurvetson, and Redpoint Ventures.

Twilio is a member of the Triton Research IPO Watchlist, a continuously updating database of companies we expect to either IPO or be acquired.  The current IPO Watchlist is comprised of 104 companies organized by investment theme.