Menu visibility control

Video

Events

Startup Surgery

Most Recent

News

Top tech stats: Unpaid overtime, poor data usage and more

News

Startup Weekly: Starling Bank’s hackathon, FoodTech awards & more

Need to Know

A happy workforce: The key to business success

Press Releases

Software testing leader TestPlant appoints Dr. John Bates as CEO
CreditLadder appoints Proptech Expert Sheraz Dar as new CEO
Hermit: A Startup With New Ideas About Office Space

AI startup Signal Media raises £5.8m Series A

news
twitterlinkedinFacebookgoogle_plustwitterlinkedinFacebookgoogle_plus

Signal Media, an AI-powered news monitoring platform, has raised a £5.8m Series A round.

The round, which drew support from MMC Ventures, Hearst Ventures, Frontline Ventures, Reed Elsevier Ventures and LocalGlobe, brings the firm’s total investment to £8.25m.

Signal Media uses AI to turn the volumes of worldwide news into accessible knowledge for businesses, claiming to analyse over 2 million articles each day across 90 countries.

The AI startup plans to use the new funding to develop its technology further, hire more developer talent and expand into the US in 2017.

Also enabling Signal Media to take the business into new industry verticals, the investment will be used to apply the tracking technology to areas such as tax and regulation, risk and compliance and business development.

David Benigson, CEO of Signal Media, commented: “High volumes of poor quality information is making it impossible for leaders to understand what is really happening in their world.

“Our revolutionary technology helps businesses track change and make smarter, faster decisions with certainty and clarity. This funding will fuel our global growth and drive product development,” he added.

Enter your e-mail address to receive updates straight to your inbox

* indicates required
Send me news on...
twitterlinkedinFacebookgoogle_plustwitterlinkedinFacebookgoogle_plus

Editor's picks

top tech stats

Top tech stats: Unpaid overtime, poor data usage and more
posted 33 mins ago

startup weekly (4)

Startup Weekly: Starling Bank’s hackathon, FoodTech awards & more
posted 18 hours ago

happy workers

A happy workforce: The key to business success
posted 21 hours ago

podcasting revolution

Here’s how your tech firm can exploit the podcasting revolution
posted 22 hours ago

Lee Evans - SurveyMe

Cheshire-based mobile app SurveyMe gets £2m
posted 23 hours ago

TWIT - Emily 23.02.17

A £12m series B, a £57.5m fund for Northern SMEs, a hoverbike and more in The Week in Tech
posted on February 24, 2017