StockTwits Receives $4,000,000 New Funding
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=99f8c747-a4d0-4a70-a493-15b8d2979966&Preview=1 -
Date
10/19/2010 -
Company Name
StockTwits -
Mailing Address
1036 Bayview Avenue Oakland, CA 94600 -
Company Description
StockTwits is an open, community-powered idea and information service for investments. Users can eavesdrop on traders and investors, or contribute to the conversation and build their reputation as savvy market wizards. The service takes financial related data – using Twitter as the content production platform – and structures it by stock, user, reputation, etc.Log into the site with your Twitter details and you will be presented with a user interface filled with comments and stats showing the top ticker buzz, the top StockTwit talkers, and the top gainers and losers. -
Website
http://www.stocktwits.com/ -
Transaction Type
Venture Equity -
Transaction Amount
$4,000,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
The company said it would use the funds to hire more engineers and continue to develop its service. -
M&A Terms
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Venture Investor
Foundry Group -
Venture Investor
True Ventures
