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Twitter Valued at $3.7 Billion After Kleiner Invests

Twitter Inc. said it’s valued at $3.7 billion after receiving a $200 million round of funding led by venture capital firm Kleiner Perkins Caufield & Byers.

The company also added two directors to its board, Chief Executive Officer Dick Costolo said in a blog post. Twitter spokesman Matt Graves provided the valuation in an e-mailed statement.