Bitly Announces $15M Round Led By Khosla Ventures, Says Controversial Redesign Increased User Sign Ups

Bitly just announced that it has raised $15 million in new funding led by Khosla Ventures. Back in May, The Verge reported that bitly was raising $20 million in new funding and preparing to launch a more consumer-oriented service. At the time, a company spokesperson said the story was "not based on any facts," but the denial was worded in a vague enough way to leave the door open for future funding news.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/9dca3jyL2kE/

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