TechCrunch is reporting today they have received information that Twitter is about to raise new VC funding with a $250 million valuation. TechCrunch is citing a source that is familiar with the deal. More information as it breaks. Twitter to date has raised $20 million in total funding. Twitter, surprisingly to me, is gaining more and more traction. Last week, the company surpassed Digg in total weekly visitors to the site.
