Nick D'Aloisio
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Nick D'Aloisio | |
|---|---|
 D'Aloisio at LeWeb London 2012, Central Hall Westminster | |
| Born | Nicholas D'Aloisio-Montilla 1 November 1995 |
| Nationality | British-Australian |
| Occupation(s) | Computer programmer, entrepreneur |
| Known for | Designing multi-national news aggregation program Summly. |
Nick D'Aloisio (born Nicholas D'Aloisio-Montilla[1][2][3] November 1, 1995)[4] is a British-born Australian entrepreneur and computer programmer who created Summly which is a summarization, Artificial Intelligence technology developed with SRI International. D'Aloisio has been recognised as the youngest person to receive a round of venture capital in technology at just 15 years of age.[5][6] As of March 2013, Summly was sold to Yahoo for a reported $30 million US dollars making him one of the youngest self-made millionaires ever.[7]
Personal life
D'Aloisio was born in Australia in 1995 to Lou Montilla, a vice president of Morgan Stanley[8] and Diana D'Aloisio, a lawyer.[9]
D'Aloisio has lived in Melbourne and Perth. D'Aloisio grew up in London, United Kingdom. He is a student at King's College School in Wimbledon, London, where he received an academic scholarship. He lives in London.
Summly
D'Aloisio created the Trimit application for iOS in March 2011, which used an analytical tool to condense text content into 1000, 500, or 140-character summary text.[10] The app caught the attention of Apple who featured Trimit as a new and noteworthy application on the App Store at the same time.[11] The potential of Trimit attracted the attention of Hong Kong based billionaire Li Ka-shing, who provided D'Alosio with US$300,000 in venture capital funding.[12] D'Alosio used the feedback and criticism from Trimit to completely re-design the application, and re-launched it in December 2011, as Summly.[13]
Summly aimed to solve perceived problems with the way news articles are presented on smartphones,[12] with the initial version of Summly being downloaded by over 200,000 users.[14] As a result of the corporate support,[15] in November, 2012, D'Alosio received US$1,000,000 in new venture funding for Summly from several international celebrities such as Yoko Ono, Ashton Kutcher and Stephen Fry, in addition to Hong Kong business mogul Li Ka-shing.[16] As of March, 2013, Summly was sold to Yahoo for a reported $30 million US dollars.[7]
Summly's cover page images were created by world-renowned visual artist/photographer Kevin Abosch.[17]
Investment
At the age of 15, he completed a first round of venture capital funding for Summly from Li Ka-Shing's investment firm, Horizons Ventures; he is the youngest person in the world to raise venture capital.[18]
Reception
D'Aloisio and Summly have been covered by several major publications, including ReadWrite,[19] Business Insider,[20] Wired,[21] Forbes,[22][23] The Huffington Post[12] and TechCrunch.[24] D'Aloisio has also made numerous television appearances on CNBC, Bloomberg, BBC, ITV, been written about in the British Metro newspaper, and been interviewed on BBC Radio Five Live.[citation needed] D'Aloisio also appeared on CBS This Morning in an interview with Charlie Rose, CNBC Squawk Box, Bloomberg and appeared on CNN's Piers Morgan Tonight in December 2012. Summly has had critical acclaim in receiving Apple's Best Apps of 2012 award for "Intuitive Touch" and currently has a 4.5/5 star rating on the App Store.
Awards
D'Aloisio was named a Top 1000 Influential Londoner by Evening Standard 2012, appeared in the 30 under 30 list for Forbes Magazine, and the Mail on Sunday Top 100 things to watch in 2013. D'Aloisio also won a Spirit of London Award in December 2012 as Entrepreneur of the Year. D'Aloisio has been nominated as British Inspiration Award finalist for 2013 and was placed 1st in Evening Standard's Top 25 under 25 for 2013.
See also
References
- ^ http://www.theprovince.com/mobile/business/local/Meet+British+genius+whose+Summly+made+multi/8167003/story.html
- ^ http://www.telegraph.co.uk/apps/9954896/Nick-DAloisio-It-was-a-massive-gamble-but-a-good-one.html
- ^ http://www.kcs.org.uk/system/files/page/1987/Head%20Master's%20End%20of%20Term%20letter%20to%20Parents%202012-03.pdf
- ^ "Nick D'Aloisio, Britain's 17-year-old app entrepreneur - Telegraph".
- ^ SmallBiz (Web journal)
- ^ TechCrunch (Web journal)
- ^ a b Summly Sale(Stuff)
- ^ http://news.careers.nasdaq.com/newsandviews_item/wpNewsItemId-141679
- ^ Summly creator Nick D'Aloisio: 'I try to maintain a level of humbleness' The Guardian, 29 March 2013, retrieved 29 March 2013
- ^ Trimit (news)
- ^ Apple Announcement 2011
- ^ a b c Venture Capital from HK
- ^ Summly launch (CNBC)
- ^ Digital journal
- ^ Financial Times of London
- ^ D'Alosio receives $1 M in new VC funding
- ^ http://summly.com/about.html
- ^ Small Biz Trends web article
- ^ readwriteweb.com
- ^ businessinsider.com BusinessInsider.com
- ^ Wired.com
- ^ forbes.com
- ^ forbes.com
- ^ techcrunch.com
External links
- Articles with bare URLs for citations from July 2012
- Use dmy dates from September 2012
- Living people
- 1995 births
- Australian chief executives
- Australian computer programmers
- Australian people of Italian descent
- British chief executives
- British computer programmers
- British emigrants to Australia
- Businesspeople in computing
- British people of Italian descent
- Businesspeople from London
- People educated at King's College School, Wimbledon
- People from Perth, Western Australia