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Twilio

Twilio

A cloud communications platform for building SMS, Voice & Messaging applications on an API built for a global scale that was founded in 2008 and headquartered in San Francisco, California.

Twilio is a cloud communications platform for building SMS, Voice & Messaging applications on an application programming interface (API) built for global use. The company is headquartered in San Francisco, California and was founded in 2008 by Jeff Lawson, Evan Cooke, and John Wolthuis. Notable companies using Twilio are Twitch, ZenDesk, Nordstrom, and Lyft.

Funding
Seed

On January 1, 2009 Twilio completed their seed funding round with $1 million in funding from Techstars Ventures, Pathfinder, K9 Ventures, Bessemer Venture Partners, Mitchell Kapor, Manu Kamar, Dave McClure, and Chris Sacca.

Series A

On December 30, 2009 Twilio completed their series A funding round with $3.7 million in funding from Union Square Ventures (lead investor), Techstars Ventures, Lowercase Capital, K9 Ventures, Founders Fund, Bessemer Venture Partners, and Mitchell Kapor.

Series B

On November 9, 2010 Twilio completed their series B funding round with $12 million in funding from Bessemer Venture Partners (lead investor), Union Square Ventures, 500 Startups, SV Angel, and K9 Ventures.

Series C

On December 7, 2011 Twilio completed their series C funding round with $17 million in funding from Bessemer Venture Partners (lead investor), Infocomm Investments, and Union Square Ventures.

Series D

On June 7, 2013 Twilio completed their series D funding round with $70 million in funding from Bessemer Venture Partners (lead investor), DFJ, and Redpoint.

Series E

On July 29, 2015 Twilio completed their series E funding round with $130 million in funding from T. Rowe Price (lead investor), Fidelity (lead investor), Salesforce Ventures, DFJ, Bessemer Venture Partners, ArrowMark Partners, Amazon, and Altimeter Capital.

Acquisitions
SendGrid

On October 15, 2018 Twilio acquired SendGrid, a cloud-based customer communication platform, for $3 billion.

Ytica

On September 11, 2018 Twilio acquired Ytica, a company offering an analytical platform for customer service solutions, for an undisclosed amount if money.

Beepsend SMS

On February 7, 2017 Twilio acquired Beepsend SMS, a company providing SMS connectivity solutions, for an undisclosed amount of money.

Kurento

On September 20, 2016 Twilio acquired Kurento, an open source software development framework for making media servers, for and undisclosed amount of money.

Authy

On February 24, 2015 Twilio acquired Authy, an API for developers to customize user experiences, for an undisclosed amount of money.

Timeline

March 1, 2021
Twilio announces it is set to become minority owner in Syniverse Technologies with $750M investment.

The deal comes on the heels of the company's $3.2 billion acquisition of Segment at the end of last year as it continues to look for ways to expand its markets.

July 29, 2019
Series E funding round

On July 29, 2015 Twilio completed their series E funding round with $130 million in funding from T. Rowe Price (lead investor), Fidelity (lead investor), Salesforce Ventures, DFJ, Bessemer Venture Partners, ArrowMark Partners, Amazon, and Altimeter Capital.

June 26, 2019
Acquisition of SendGrid

Twilio announced the successful completion of its previously announced acquisition of SendGrid.

September 11, 2018
Acquisition of Ytica

On September 11, 2018 Twilio acquired Ytica, a company offering an analytical platform for customer service solutions, for an undisclosed amount if money.

March 7, 2017
Acquired Beepsend SMS

On February 7, 2017 Twilio acquired Beepsend SMS, a company providing SMS connectivity solutions, for an undisclosed amount of money.

September 20, 2016
Kurento

On September 20, 2016 Twilio acquired Kurento, an open source software development framework for making media servers, for and undisclosed amount of money.

July 29, 2015
Twilio raises a $130,000,000 series E round from Altimeter Capital, Amazon, ArrowMark Partners, Bessemer Venture Partners, DFJ, Fidelity Investments, Salesforce Ventures and T. Rowe Price.
March 24, 2015
Authy

On February 24, 2015 Twilio acquired Authy, an API for developers to customize user experiences, for an undisclosed amount of money.

June 7, 2013
Series D funding round

On June 7, 2013 Twilio completed their series D funding round with $70 million in funding from Bessemer Venture Partners (lead investor), DFJ, and Redpoint.

June 7, 2013
Series D funding round

On June 7, 2013 Twilio completed their series D funding round with $70 million in funding from Bessemer Venture Partners (lead investor), DFJ, and Redpoint.

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Funding rounds

Funding round
Funding type
Funding round amount (USD)
Funding round date
Investment
Twilio funding round, December 2011
17,000,000
December 7, 2011
6 Results
Results per page:
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Acquisitions

Acquisition
Acquired company
Acquisition amount (USD)
Date announced
3,000,000,000
October 15, 2018
2 Results
Results per page:
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People

Name
Role
LinkedIn

Adam Ballai

Employee

Ajai Karthikeyan

Employee

Albert Wenger

Board member

Amanda Mulay

Employee

Andres Krogh

Employee

Andrew Benton

Employee

Andrew Watson

Employee

Anna Taylor

Employee

Ari Sigal

Employee

Aubrey Johnson

Employee

Ben Nunney

Employee

Brian Partridge

Employee

Byron Deeter

Board member

Carter Rabasa

Employee

Charles Oppenheimer

Employee

Chris Sacca

Advisor

Chris Wright

Employee

Chung Nguyen

Employee

D. Keith Casey Jr.

Employee

Dan Kang

Employee

Daniel Zarick

Employee

Danielle Morrill

Employee

Dave McClure

Board member

Dave Schappell

Investor

David Cohen

Investor

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Further reading

Title
Author
Link
Type
Date

Twilio acquires Beepsend to make message delivery more efficient on its Super Network

Lucas Matney

Web

February 7, 2017

Twilio closes acquisition of email specialist SendGrid in all-stock deal now worth $3B

Ingrid Lunden

Web

February 1, 2019

Twilio's contact center products just got more analytical with Ytica acquisition

Ron Miller

Web

September 11, 2018

Documentaries, videos and podcasts

Title
Date
Link

Companies

Company
CEO
Location
Products/Services

News

Title
Author
Date
Publisher
Description
Paayal Zaveri, Belle Lin and Ashley Stewart
April 17, 2021
Business Insider
Microsoft is spending over $19 billion on AI firm Nuance. Here's who could be next on its shopping list, from big names like Twilio to niche players.
Tiffany Xingyu Wang
April 13, 2021
Harvard Business Review
For smaller companies, they can be essential to unlocking new value during a digital transformation.
Research and Markets
March 2, 2021
www.prnewswire.com:443
/PRNewswire/ -- The "Global A2P Messaging Market By Component, By Application, By Deployment Type, By End User, By Region, Industry Analysis and Forecast, 2020...
Ron Miller
March 1, 2021
TechCrunch
Syniverse Technologies, a company that helps mobile providers move communications across public and private networks, announced an extensive partnership with Twilio this morning. Under the agreement, Twilio is investing up to $750 million to become a minority owner in the company. The idea behind the partnership is to combine Twilio's API communications expertise with Syniverse's [...]
Isabelle Lee
February 18, 2021
markets.businessinsider.com
Twilio added 13,000 active customer accounts in the fourth quarter, for a total of 221,000 as of December 31, 2020.
Ingrid Lunden
February 17, 2021
TechCrunch
After raising $690 million from SoftBank in December to make acquisitions, the Sweden-based cloud communications company Sinch has followed through on its strategy in that department. Today the company announced that it is acquiring Inteliquent, an interconnection provider for voice communications in the U.S. currently owned by private equity firm GTCR, for $1.14 billion in [...]
Heather Landi
February 11, 2021
FierceHealthcare
Patient engagement, a term that has been bandied about in healthcare for years, is now an urgent priority as providers work to vaccinate millions of Americans against the COVID-19 virus. Customer engagement software giant Twilio and patient communications startup Well Health are teaming up to enable health systems to more quickly roll out patient messaging tools.
Jeff Lawson
February 8, 2021
Business Insider
Twilio cofounder Jeff Lawson believes engineers are the best people on a team of product developers to say when it's time to put a project to rest.
Rosalie Chan
February 7, 2021
Business Insider
Twilio CEO Jeff Lawson recently published a book called "Ask Your Developer" which shares lessons he's learned about working with engineers.
Rosalie Chan
January 30, 2021
Business Insider
Oracle, HPE, and Dropbox are relocating their headquarters, but Twilio CEO Jeff Lawson trumpets 'community' as a reason to stay in the Bay.
Ron Miller
January 15, 2021
TechCrunch
Twilio CEO Jeff Lawson knows a thing or two about unleashing developers. His company has garnered a market cap of almost $60 billion by creating a set of tools to make it easy for programmers to insert a whole host of communications functionality into an application with a couple of lines of code. Given that [...]
Rosalie Chan
January 14, 2021
Business Insider
As Qualtrics prepares to spin out of SAP and go public, it's brought on three new executive hires to lead
Aspen RxHealth
January 7, 2021
www.prnewswire.com:443
/PRNewswire/ -- Aspen RxHealth, whose first of its kind clinical pharmacy model developed by pharmacists for pharmacists delivers value for health plans and...
Ashley Stewart
December 29, 2020
Business Insider
Analysts think the company still has an appetite for acquisitions. Here are 16 companies Microsoft could buy.
By MICHAEL LIEDTKE
November 30, 2020
AP NEWS
SAN RAMON, Calif. (AP) -- Twilio has emerged as a technological backbone for thousands of companies during the pandemic. Its users rely on its digital tools to connect with customers through mobile...
Rosalie Chan and Alex Nicoll
December 6, 2020
Business Insider
Twilio helps power apps from the likes of Instacart and Epic Systems. Its shares have soared in the pandemic, and it's still hiring.
Reportlinker
November 17, 2020
www.prnewswire.com:443
/PRNewswire/ -- The Communications Platform-as-a-Service (CPaaS) Market is expected to register a CAGR of 34.3% during the forecast period (2020 - 2025)....
Rosalie Chan
November 14, 2020
Business Insider
Firms that offer application programming interfaces, or APIs, to allow apps to "talk" to each other and share info are receiving investment and buzz.
Ron Miller
November 2, 2020
TechCrunch
It was barely a month ago we began hearing rumors that Twilio was interested in acquiring Segment. The $3.2 billion deal was officially announced three weeks ago, and this morning the communications API company announced that the deal had closed, astonishingly fast for an acquisition of this size. While we can't know for sure, the [...]
Alex Wilhelm
September 1, 2020
TechCrunch
Last week TechCrunch sat down virtually with Jeff Lawson, the CEO and co-founder of Twilio as part of our long-running Extra Crunch Live series. As I expected, the chat was a good use of time. Why? Lawson was early on the idea that software companies could deliver their features not through a web app, but [...]
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References

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