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Twitter has raised $200m (£129m) in new finance, in a deal that values the social networking service at $3.7bn.
It said the investment had come from venture capital firm Kleiner Perkins Caufield Byers, and existing investors.
Twitter is also adding two new board members, including David Rosenblatt, boss of digital advertising group DoubleClick.
The moves come two months after the US firm said it was increasing efforts to make itself more profitable
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[edited by: moTi at 12:34 am (utc) on Dec 17, 2010]