Twilio announced the pricing of its public offering of 10,000,000 shares of Class A common stock at a price of $15.00 per share. The shares are expected to begin trading on the New York Stock Exchange on June 23, 2016 under the symbol “TWLO.”
Twilio’s platform enables developers to embed real-time communication and authentication capabilities directly into their software applications. The company was founded in 2008 and has over 500 employees, with headquarters in San Francisco and other offices in Bogotá, Dublin, Hong Kong, London, Mountain View, Munich, New York City, Singapore and Tallinn.
- Twilio was founded by Jeff Lawson, previously a Product Manager for Amazon Web Services, and Evan Cooke, previously a Postdoctoral research fellow in network security and distributed systems at the University of Michigan.