Friday, 1 March 2013

Twilio launches an investment fund for European startups

Jeff Lawson

The Twilio Fund is launching a European branch this week, Twilio CEO and cofounder Jeff Lawson announced at London Web Summit today, 1 March.


The Fund began around four years ago and is a partnership with seed accelerator 500 Startups, which manages the fund. This year will see the model extended to European startups -- any company under five years old with existing funding of less that $1 million is eligible -- using Twilio's cloud communication APIs. Companies will receive funding and free Twilio credits. Anyone interested canapply online, until 1 May.


By: Liat Clark, Edited by: Ian Steadman


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via Wired.co.uk



http://www.wired.co.uk/news/archive/2013-03/01/twilio-fund-europe

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