# X

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/x

- Industry: Internet
- Headquarters: Bastrop, US
- Website: www.x.com
- Total disclosed funding: $758M
- Latest round: Series G (Jul 26, 2011)
- Investors on record: 13

## About

Founded in 2006 by Biz Stone, Evan Williams, Jack Dorsey, and Noah Glass and based in California, US, X Corp., fka Twitter, Inc., operates as a social media site that provides an online platform, allowing users to communicate through messages. 

The company provides an online social platform that allows users to interact, share information, and engage in real-time conversations on the Internet. The platform enables users to post short messages, known as tweets, of up to 280 characters. Users can follow other accounts to receive updates and engage in discussions on a wide range of topics, from news and entertainment to technology and politics. Twitter also acts as an ad platform that allows businesses to reach their target audience through sponsored tweets and promoted trends. In addition, the company offers data and analytics services to organizations seeking insights into trends and consumer behavior.

The enterprise generates revenue through a variety of channels, particularly through advertising and data licensing, which gives organizations access to real-time data and analytics and enables them to gain insightful information about trends, consumer behavior, and public sentiment. The company additionally earns income through Twitter Blue, a paid subscription service that costs USD 8 per month or USD 84 per year, and adds a blue checkmark to users’ profiles.

The 2025 acquisition aims to allow xAI to merge its advanced AI capabilities with X's extensive reach, unlocking significant potential through the integration of data, models, computing, distribution, and talent.

## Funding rounds

- Series G, Jul 26, 2011, $400M — Kleiner Perkins, Rizvi Traverse Management, DST Global
- Series F, Dec 14, 2010, $200M — Benchmark, Kleiner Perkins, Union Square Ventures, Spark Capital
- Series E, Sep 24, 2009, $100M — Benchmark, Institutional Venture Partners, Morgan Stanley Investment Management, T Rowe Price, Insight Partners, Spark Capital
- Series D, Feb 12, 2009, $35M — Benchmark, Institutional Venture Partners, Union Square Ventures, Spark Capital
- Series C, Aug 14, 2008, $17M — Union Square Ventures, Spark Capital, Bezos Expeditions
- Series C, Jun 24, 2008, $0.4M — Union Square Ventures, Spark Capital, Bezos Expeditions
- Series B, Jan 16, 2008, $0.3M — Union Square Ventures
- Series B, Oct 31, 2007, $4.8M — Union Square Ventures, Spark Capital, Digital Garage, Inc., Bezos Expeditions
- Series A, Jul 19, 2007, $0.1M — CRV, Union Square Ventures

## Investors

- CRV (https://capitalatlas.ai/funds/crv) — Series A
- Union Square Ventures (https://capitalatlas.ai/funds/union-square-ventures) — Series A, Series B, Series C, Series D, Series F
- Spark Capital — Series B, Series C, Series D, Series E, Series F
- Digital Garage, Inc. — Series B
- Bezos Expeditions — Series B, Series C
- Benchmark (https://capitalatlas.ai/funds/benchmark) — Series D, Series E, Series F
- Institutional Venture Partners (https://capitalatlas.ai/funds/institutional-venture-partners) — Series D, Series E
- Morgan Stanley Investment Management — Series E
- T Rowe Price (https://capitalatlas.ai/funds/t-rowe-price) — Series E
- Insight Partners (https://capitalatlas.ai/funds/insight-partners) — Series E
- Kleiner Perkins (https://capitalatlas.ai/funds/kleiner-perkins) — Series F, Series G
- Rizvi Traverse Management — Series G
- DST Global (https://capitalatlas.ai/funds/dst-global) — Series G
