StockTwits Closes a $3M Round

Congrats to Soren Macbeth, Howard Lindzon and the StockTwits team on their well deserved new round of capital.

Mike Arrington at Techcrunch broke the story this morning that StockTwits has added $3 Million in capital from our good friends at Foundry Group with continued strong participation from True Ventures and seasoned Wall Street executive and investor Roger Ehrenberg .

Since launching a year ago, StockTwits has been moving very quickly to build a real time financial media company amid a landscape of transformation within the industry. With tens of thousands of users, StockTwits’ success is a testament to the power of the real-time web, where users customize their experience rather than simply accept destinations as-is. We are extremely happy to see their impressive traction and fast growth recognized.

One of the things we prioritize at True is partnering with entrepreneurs and investor groups with whom we’ve worked with in the past. Thus, we could not be more thrilled to add Foundry Group to the mix. We’ve worked closely with Seth Levine, Ryan McIntyre and Brad Feld for a very long time and we love the added perspective and energy they bring to the table.

You can read Howard’s and Seth’s thoughts on the investment here and here. Congrats to all.