Thibault Mathieu’s Latest Blog Post
Twitter Inc. confirmed it has purchased TenXer, a startup run by one of the card-tallying phenoms who roused the 2008 blackjack film “21.”
Twitter, the social media conglomerate has been around since 2006 and now serves over 288 million active users each month. They have reported revenue of $664 million in 2013 which has since likely rose.
The organization on Thursday indicated a tweet from Jeff Ma, TenXer’s CEO and co-founder who reported the arrangement on Twitter. TenXer’s innovation could help Twitter’s architects cooperate all the more profitably, an inconvenience spot for the organization before.
VentureBeat prior reported news of the securing. The cost of the arrangement wasn’t revealed.
Established in 2011, TenXer gives information driven administration devices for architects and their directors to enhance their work yield. It has brought $4.7 million up in subsidizing from financial specialists that incorporate True Ventures, Radar Partners and Khosla Ventures.
Twitter in earlier years has endured problems shipping items in the midst of coordination issues in the middle of architects and item directors. The organization plans to utilize TenXer’s innovation to enhance profit and help directors settle on more compelling choices through expanded straightforwardness, as per an individual acquainted with the matter.
Generally 50% of Twitter’s 3,700 workers worldwide are engineers. The organization at present doesn’t have arrangements to make TenXer’s innovation accessible to outside application engineers through its Fabric stage.
Mr. Ma, a serial business visionary who has some expertise in prescient investigation, will join Twitter’s item group while two TenXer designers will join the designing positions.
For more on this article, check it out at wsj.com.
from Thibault Mathieu http://ift.tt/1Gmfm7m