Twitter, the free online service that allows you to tell the rest of the world “what I’m doing now” is getting funding from Union Square Ventures. However Twitter did not disclose much on the amount nor the future planning and development of Twitter.

From some of his early writing about Twitter we had a hunch Fred Wilson was someone we’d get along with. After we met with Fred and his team, we knew we wanted to work together. As Fred’s written in his post about the news, Twitter is going to use this funding to grow our resources and focus on the important tasks ahead.

Twitter is not like YouTube, they don’t have the big G to on their back, If they don’t revenue from their services provided, will they survive the long run development cost?