Thursday, July 1, 2010

TweetUp Funding Worth $3.5M

The April funding of newest Idealab startup TweetUp was worth $3.5M, according to regulatory filings from the firm released Thursday. The amount of the funding, which came from Index Ventures, betaworks, Revolution LLC, First Round Capital, Jason Calacanis, and Jeff Jarvis, had not been announced in April. According to the filing, the funding included both equity and warrants, and included a total of 11 investors. TweetUp operates a bid-based marketplace which allows Twitter users to bid on better position for their tweets, based on keyword. TweetUp is based in Pasadena. More information »

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