DST Global, the firm owned by Russian business mogul Yuri Milner, lead a Series E round in Twitter, valued at USD 400 million. DST Global recently raised USD 1 billion for DST Global 2. This investment will put the value of Twitter at USD 8 billion dollars. This stake implies a 5% holding in the company.
Previous investor KCPB, who lead a USD 200 million Series D round, also joined in the latest investment round.
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03/08/2011
Central & Eastern Europe, Internet, E-Commerce & E-Services, Investment, Private Equity News, Russia, USA