DeepFake software developer Sage Accounting Software Inc. is investing $1.8 million in Twitter Inc. and the San Francisco-based Twitter Technologies Group, a media company that produces Twitter videos, tweets and other content.
The investment follows Sage’s $1 billion Series A in 2013, which raised $1 million from venture capital firm Andreessen Horowitz.
Sage’s investment comes on the heels of Sage announcing last week that it is expanding its Twitter operations to add more staff.
In the latest round, Sage said it will invest $500 million in a new office and create 1,000 jobs.
Twitter said last week it plans to add 10,000 employees this year.
Sage has a total of 2,000 people in the United States and around 20,000 globally.
Sage Software is owned by Sage Software Ventures LLC.
The San Francisco company has an annual revenue of $6.3 billion, according to its most recent SEC filing.
Sage said in a statement that its investment in Twitter represents “a new beginning” for Sage, which is “growing rapidly” and has “a long-term growth potential” for Twitter.
Twitter has about 4,000 users, including 1.3 million followers.
The company announced last week a $2 billion round of investment by the Google Ventures group and two other private investors.
The latest round was led by the Twitter Ventures group, led by Sequoia Capital.
Twitter also announced this week that Twitter will partner with a group of high-tech firms to make its mobile app faster, smoother and more secure.
Twitter’s Twitter app was the first app to gain traction on Android smartphones.
Twitter plans to launch a desktop version in the fourth quarter of 2019.
In September, Twitter launched its new mobile app, called Tweet, which brings to its mobile user base users from more than a dozen countries.
It will be powered by the latest in the company’s “Deep Fake” technology.
Twitter shares closed down 0.5% at $20.89 on Monday.