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

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.

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.

December 7, 2011

Series C funding round

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.

November 9, 2010

Series B funding round

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.

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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
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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
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 [...]
Alex Wilhelm
August 19, 2020
TechCrunch
As we race toward Disrupt 2020, we're keeping the Extra Crunch Live train rolling with a big entry next week as Twilio CEO and co-founder Jeff Lawson joins us for a chat. Lawson is well-known in the tech industry for helping institutionalize API -delivered digital services, a business model variant that has become increasingly popular in [...]
Frederic Lardinois
July 9, 2020
TechCrunch
While you may mostly think about Twilio in the context of its voice and text messaging platform, the company has recently made a number of moves to bolster its IoT platform, which is already one of its fastest-growing business units. To accelerate this push, the company today announced that it quietly acquired IoT platform Electric [...]
Dan Goodin
May 27, 2020
Ars Technica
Losing your 2FA codes can be bad. Having backups stolen can be worse. What to do?
Greg Kumparak
April 6, 2020
TechCrunch
What's it like to take a company with 3,000 employees distributed across 25 offices and make it fully remote with just a few weeks' notice? I hopped on a call with Twilio CEO Jeff Lawson to hear about how their transition has gone so far, and what he's learned from the process. Remote work isn't [...]
Ron Miller
February 26, 2020
TechCrunch
Twilio is best known for its communications API, which allows developers to add messaging, voice or video to their apps with just a small slice of code. The company's tools are used by customers like Lyft, Airbnb, Salesforce, Box and Duke University. The former startup went public in 2016 at $15 a share. Yesterday Twilio's [...]
Jason Cartwright
February 13, 2020
techAU
Delivering the best of technology news from Australia and around the globe since 2006.
Mike Butcher
October 17, 2018
TechCrunch
Those of you familiar with the incredible rise of Twilio, which came along to utterly disrupt the communications world, will be interested to hear that another player plans to do the same, but this time in the staid and tricky area of emerging markets. Unifonic, which has been dubbed "the Twilio of emerging markets" has [...]

References

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