• Wall Street Journal, Thursday, September 24, 2009 3:06 PM

Twitter is less than 24 hours away from raising up to $100 million in new funding, The Wall Street Journal is reporting. According unnamed sources, the investor group includes mutual fund giant T. Rowe Price and private-equity firm Insight Venture Partners -- both new Twitter investors.

Existing Twitter investors said to be involved in this latest round include Spark Capital and Institutional Venture Partners. Last week, TechCrunch reported that was Twitter is involved in another round of financing worth $50 million -- which would add to about $55 million raised already. This latest round values the micro-blogging service at $1 billion.

Read the whole story at Wall Street Journal »