Dataminr

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Dataminr
Private company
IndustryReal-time information
Founded2009; 10 years ago (2009)
FoundersTed Bailey
Headquarters,
Key people
Ted Bailey, CEO
ProductsSoftware as a Service
Number of employees
434 (2018)
Websitedataminr.com

Dataminr is a global real-time information discovery company[1]. In 2015, the company raised $130 million in Series D funding, making the total funding over $180 million. The valuation was pegged at $700 million at the time. In June 2018, the company raised an additional $392 million in funding, thus reaching a $1.6 billion valuation, over twice its 2015 valuation.[2]

History[edit]

Founded by Ted Bailey in 2009[3], the company is headquartered in New York & has over 350 employees.

Dataminr is a source of breaking news alerts such as the Douglas High School shooting in February 2018 in the United States. A student at the school tweeted about the event, setting off a Dataminr alert in many newsrooms that spurred the initial wave of news coverage.[4]

References[edit]

  1. ^ "Dataminr | Crunchbase". Crunchbase. November 13, 2017.
  2. ^ "Dataminr raises new funds at $1.6 billion valuation". Axios. Retrieved 2018-07-30.
  3. ^ Ipsen, Erik. "40 Under 40". Crain's New York.
  4. ^ Stelter, Brian (15 February 2018). "At Stoneman Douglas High School, cell phone videos take us inside a massacre". CNN. Cable News Network.