Twilio, the maker of a platform for developing cloud-based communications apps, said today it has closed a $17 million C round of funding.
All told, Twilio has now raised $31.5 million. Its new round was led by Bessemer Venture Partners and Union Square Ventures, both of which had participated in its B round. Union Square also invested in Twilio's A round.
Twilio's platform is a favorite of developers interested in building cloud-based VoIP, text messaging and phone functionality into their existing applications. In 2011, the company said, its customer base exploded, expanding by 400 percent. To date, … Read more