What was once a service that simply filtered public company stock related tweets out for traders, and was named accordingly, has since moved far beyond those humble beginnings.
In 2009 they broke off from Twitter, launching their own messaging platform. They acquired a financial news hub early this year, and then launched a private company product as well.
Yep, those days as a simple Twitter filter are long behind them.
Cofounder and CEO Howard Lindzon tells us the company had another milestone today – a $4 million venture round from existing investors Foundry Group and True Ventures. That brings the total capital raised by the company to $8.6 million.
The funds will be used to hire more engineers and develop product more speedily, says Lindzon. And more updates are coming soon.
StockTwits is a social, stock micro-blogging service. 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 and structures it by stock, user, reputation, etc. Log into the site with your Twitter details or download the StockTwits Desktop and you will be joining a community where market participants share their very best ideas in...
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