Bessemer Venture Partners

Cloud Communication Platform Twilio Raises $12M

Twilio, a cloud communications platform, announced it has raised $12 million in a Series B round led by Bessemer Venture Partners. The San Francisco company allows other developers to build on top of its pay-as-go telecommunications platform, creating a wide array of text and phone-based applications.

So You Want to Be a "SaaS-y" Founder?

Editor’s Note: Founder and contributor Ben Yoskovitz has been involved with SaaS businesses (Software as a Service) for some 9 years. This…