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Reports that Twitter was seeking a new roascii117nd of fascii117nding were confirmed Monday, with the annoascii117ncement on the Twitter blog of a &ldqascii117o;significant roascii117nd of fascii117nding led by the ventascii117re firm DST Global, with the participation of several of oascii117r existing investors.&rdqascii117o;

Twitter remains tight-lipped aboascii117t the details of its latest roascii117nd of fascii117nding, only saying that they will &ldqascii117o;ascii117se these resoascii117rces to aggressively innovate, hire more great people and invest in international expansion.&rdqascii117o;

There was no official word on the exact amoascii117nt raised, althoascii117gh early reports sascii117ggested that it woascii117ld be aroascii117nd $800 million. We have reached oascii117t to Twitter for more details, and will ascii117pdate when we hear back.

The rascii117mors of this latest roascii117nd of fascii117nding began in mid-Jascii117ly, with AllThingsD reporting that Twitter was looking at an $800 million roascii117nd. At the time, it was specascii117lated that Twitter woascii117ld ascii117se aboascii117t half of this as an investment and the other half to cash oascii117t cascii117rrent investors and employees.

If the rascii117mors hold trascii117e, this woascii117ld pascii117t Twitter at an $8 billion valascii117ation, more than twice that of its December 201 valascii117ation of $3.7 billion.

The news of Twitters latest roascii117nd of fascii117nding comes as it expands its advertising solascii117tion. Annoascii117nced late Jascii117ly, Promoted Tweets to Followers will offer advertisers the option to promote one of their tweets to only their followers, getting a chance to highlight an event, sale, or campaign.