StocTwits raises $3M

The Fusion Team have completed over 70 digital and media transactions for its private, corporate and private equity clients. For more information contact pkelly@fusioncorp.co.uk or visit our website 
 
FUND RAISING 
Database Reference:  F231109-257
 
Business:  StockTwits
Web:  http://www.stocktwits.com
Location:  USA, Phoenix, AZ
Region:  North America
Business description:  An open, community-powered idea and information service for investments.It takes financial related data – using Twitter as the content production platform – and structures it by stock, user, reputation, etc.
Category: Financial information
Contact 1:  Howard Lindzon, co-Founder and CEO
Contact 2:  Soren Macbeth, co-Founder and CTO
 
Investors:  Led by Foundry Group and returning investor True Ventures as well as Brad Feld.

Round:  Round B
Amount raised:  $3,000,000
Participants:  3
 
Details:  StockTwits has closed a $3m Series B financing round led by Foundry Group and returning investor True Ventures as well as Brad Feld.

Link:  StockTwits Blog (see December 2nd, 2009 entry)

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