Twilio And 500 Startups Launch A Micro-Fund For European Startups

"Cloud communications" company Twilio and startup accelerator 500 Startups today launched Twilio Fund Europe 2013, a new micro-fund for companies from Europe and surrounding countries being built on the Twilio platform. In addition, the existing US-based 2012 Twilio Fund finalists were announced, closing out last year?s fund. The new Twilio Fund Europe, announced today on stage at London Web Summit 2013 by CEO Jeff Lawson, will provide seed funding to startups throughout Europe making use of Twilio?s cloud communication web service APIs. As with the original US-based fund it will be managed by 500 Startups founding partner Dave McClure. The Twilio Fund in the US was created with 500 Startups in September 2010.

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