Thursday, April 16, 2015

Stocktwits Raises Funding Round

San Diego-based stock messaging service Stocktwits has just raised a new funding, which the company said came from its existing investors, plus strategic Asian financial technology investors, and strategic investors in the fund and ETF business in North America. Stocktwits did not say how large the investment was, however, a recent regulatory filing indicates it recently closed $1.2M on a $2.0M funding round. In a blog post, Stocktwits said it will use the funding to help it grow even faster. Stocktwits offers up a Twitter-like platform to trade stock tips and discussions, all linked to public company trading symbols, along with tools to help public companies with getting news out about their companies. More information »