“It’s an exciting time to be at Twilio,” said Jeff Lawson, co-founder and CEO of Twilio. “For each of the past three years, Twilio experienced more than 100 percent revenue growth as we helped developers and corporations realise they can tap the power of the cloud for voice and messaging services. This represents a multi-billion-dollar market opportunity, and we’re just beginning to see what’s made possible by the developers building solutions on top of our platform. ”
Following the deal Scott Raney, a partner with Redpoint, has joined the company’s board of directors. He focuses on information and consumer technology with a particular emphasis on cloud computing, on-demand software, enterprise infrastructure and mobile apps and platforms. Raney also serves on the board of directors or has been involved with Redpoint’s investments in adap.tv, BranchOut, Cloud.com, Expensify, Heroku, Jumptap, Path and Stripe.
“Twilio has built an exceptional business around the vision of changing communications forever,” said Raney. “The team Jeff has assembled is executing on that vision and capturing the attention of developers and companies in a range of markets. We’re thrilled to now be part of that team and help Twilio accelerate new product development and further strengthen its marketing and sales efforts around the world.”
DFJ’s portfolio of enterprise cloud computing companies include Box, SugarCRM, InsightSquared, RichRelevance, PubMatic, ShareThis and Yodle
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