Sign In
NewsRadar

Dutch social media curation platform Crowdynews collects €2.5 million

13 January 2015 14:13
By Tornado Staff

Crowdynews, a Dutch social media curation platform for media companies, has raised €2.5 million in a Series A round led by INKEF Capital and joined by co-investor Singapore Press Holdings. The company plans to use the funds to continue its international expansion.

The platform gathers social media posts, photos and videos from Twitter, Facebook, Instagram, Vimeo and other channels to supplement traditional reporting with social media. It uses technologies such as natural language processing and artificial intelligence to achieve over 90% relevancy rates in more than 25 languages.

The founders got the idea for Crowdynews when a US Airways plane landed in the Hudson River: “Most of the breaking news was coming from social media posts. Crowdynews found a way to integrate social media into the news cycle, and media companies have loved the reader engagement plus the revenue sharing model that gives them new digital income.”



Related stories
Dutch TV app company 24i Media pulls in funds from Newion
Video ad company Videoplaza acquired by Ooyala
bookletmobile wins venture backing for mobile publishing
French music technology platform MXP4 raises €3 million
Supponor hires new CEO


Up
Data


27,370
Tech investments
From our Online Data Service
17,662
VC-backed companies
From our Radar


Recent Deals


DATEAMOUNTSECTOR
Nov 25€24.0MInternet commerce
Sep 13N/AWireless services
Sep 11€0.3MInternet services
Sep 10€25.0MBiopharmaceuticals
Sep 10N/AInternet services
Sep 10€25.0MBiotechnology
Sep 10€1,700.0MGames

For information on Europe's most extensive database on technology funding click here!

Events



Press Releases


May 28
Identiq
identiq raises $5m seed, launches privacy-first identity validation...

Apr 29
Nethone
nethone raised over $1 million from innovation nest

Mar 31
CompPair
the fit allocates chf 100'000 to comppair technologies

Jan 29
Yumpingo
yumpingo raises $10m to transform guest experiences in restaurants

Oct 1
The Link App
the link app launches version 2.0





About usContact usLegal Information
Copyright © 1999-2019
Emerging Technology Research Europe Inc. All rights reserved.