- Twilio (NYSE:TWLO), a major provider of VoIP, video, and messaging services for third-party apps, has filed to go public under the symbol TWLO. The underwriters: Goldman, JPMorgan, Allen & Co., Pac Crest, JMP, William Blair, and Canaccord. (prospectus)
- Twilio's clients include Uber, Hulu, Airbnb, EMC, Trulia, Zendesk, and Intuit. The company claimed 28.6K active customer accounts (+48% Y/Y) and over 900K registered developer accounts as of March 31. "Our customers' software applications use our platform to notify a diner when a table is ready, a traveler when a flight is delayed or a shopper when a package has shipped. The range of applications that developers build with the Twilio platform has proven to be nearly limitless," the company declares in its S-1.
- The company was valued at over $1B in a 2015 funding round. 2015 revenue totaled $166.9M (+88% Y/Y), and net loss $35.5M. Q1 revenue totaled $59.3M (+78% Y/Y), and net loss $6.5M. Facebook-owned WhatsApp accounted for 17% of Twilio's 2015 revenue, and 15% of Q1 revenue.