Digital Sky Technologies reportedly takes Twitter to $8bn valuation with large cheque.
Russian venture firm Digital Sky Technologies (DST) has reportedly invested $400m in US social media company Twitter as part of an $800m funding round.
The Russian firm will receive a 5% stake for its investment, according to news provider Financial Times. Twitter confirmed on its blog the latest funding round was led by DST.
T Rowe Price, an US mutual fund and a fund run by US-based bank JP Morgan had also invested in the company, the FT said.
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