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Bit.ly Raises $10M, Records 40B Clicks in 2010

 3:58 am on Oct 8, 2010 (gmt 0)

Though this story is not directly about Twitter itself, bit.ly owes a big chunk of its success because of its place in the Twitter ecology.

Bit.ly has just announced a $10 million Series B round led by RRE Ventures (which has invested in Drop.io, Xobni and BuzzFeed, among others) and joined by AOL Ventures, O’Reilly AlphaTech Ventures, Betaworks, Ron Conway’s SV Angel and a host of others...

...this year, Bit.ly links have been clicked 40 billion times. With the rollout of Bit.ly Pro, the company is capitalizing on those metrics; this white-label service is being used by roughly 3,000 large companies and many smaller companies as well, the startup reports.


The article includes a rather stunning graph of the growth in bit.ly use since Oct 2008.


creative craig

 7:04 am on Oct 8, 2010 (gmt 0)

I wonder if Libya will now set their sights on Bit.ly?


 7:31 am on Oct 8, 2010 (gmt 0)

Only if they see bit.ly as breaking Islamic Law.


 1:51 am on Oct 9, 2010 (gmt 0)

millions or billions of shortened URLs - what are the chances?

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