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The Twitter Economy: URL-Shortener bit.ly Raises $2 Million First Round

published 913 days, 17 hours, 4 minutes ago posted by

JoshuaS 916 days, 11 hours, 36 minutes ago

$The Twitter Economy: URL-Shortener bit.ly Raises $2 Million First Round$

Twitter may be on the path to bringing in real revenue, but that’s not the case for most of the other startups like TweetDeck and Stocktwits that have launched various add-ons. Still, that lack of an obvious business model hasn’t scared investors away: both TweetDeck and Stocktwits have raised six-figure seed rounds, with similar services like Identi.ca also nabbing funding. The latest Twitter-related startup to get funding is URL-shortening service bit.ly, which picked up a $2 million first round, per ReadWriteWeb.

category: News | clicked: 0 | | source: paidcontent.org | show counter code

tags: bit.ly, Twitter, url, vc

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The Twitter Economy: URL-Shortener bit.ly Raises $2 Million First Round

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