Twitter has been seen in the limelight for the last six months, and with its nice funded startup, these guys have accumulated around $55m from many different angels as well as from VCs. The microblogging site has become a new destination for a large number of social networking migrants. So, this dramatic increase is not limited just to its growing popularity, but it also relates to the number of applications and other startups that relate to it.
It’s true that there are not enough venture-funded or angel startups or apps, but it is also a fact that some notable investments have been made in various sort of startups that have emerged as the initial predicator on the site. At present, nearly $23.27m have been attained so far with 11 different startups of the site and most of them are from venture capital firms as well as from angel investors.