We live in a software-defined world that’s changing every day for the better, thanks to the work of developers. Investing in developer ecosystems is essential to fuel those ingenious inventions that let you do anything from crowdsourcing language translation, to building a social polling platform good enough for the President’s State of the Union.
Today we’re happy to announce a renewed investment in the developer ecosystem. With the support of VC investors, Bessemer Venture Partners, DFJ and Redpoint Ventures, we’re announcing the new TwilioFund, a $50 million investment fund focused on attracting new developers and businesses to build on Twilio’s platform, and encouraging current Twilio companies to innovate further on Twilio’s platform. In addition to the cash investment opportunity provided by our VC partners, qualified companies will also have an opportunity to receive generous Twilio credits, marketing support and technical advice on best practices with Twilio.
The first investment from the new TwilioFund went to Speakeasy, who launched a new iPhone App at SIGNAL just yesterday. Speakeasy offers simple, user-friendly conference calling without the need for any PIN codes. Powered by Twilio, Speakeasy’s iPhone app and web client to are set to transform today’s out-of-touch conference call technology into an engaging, shared mobile experience where businesses communicate more productively with customers and colleagues.
We’re incredibly excited to launch the new TwilioFund and can’t wait to meet the companies leading the charge into an era defined by software-embedded, contextual communications.
We will be accepting applications in the coming weeks. To get more information, please click here.