Twitter Valued at $3.7bn

Twitter has had a recent financial boost that has seen the tweeting service increase in value to a collosal $3.7 billion. This financial boost that has helped the value of Twitter increase has come in the form of $200 million.

The finance was from existing investors and a new investor, Kleiner Perkins Caufield Byers, known as a venture capital firm.

After gaining the new finance it was also said that Twitter will now add two new board members to its team, these two board members will be high profile names in the internet field that will further add to the companies current board.

Twitter has become a global leader in the social networking field and this new finance and valuation of the business further adds to the success of the company.

Twitter has been a worldwide success since its launch, with its unique 140-character text messages known as tweets or twittering and over 175 million users its not hard to see why.