Dataminr Secures $30 Million For Its Twitter-Mining Data Technology
New York-based startup Dataminr has secured $30 million in private funding from venture capital firms to continue its work mining Twitter for tradable news.
The fundraising round is Dataminr’s third since its founding in 2009 by former Yale University classmates Ted Bailey, Jeff Kinsey and Sam Hendel.
Servicing financial firms and clients in the government sector, Dataminr has developed a suite of products that transform social media streams into actionable signals, basically weeding out the credible tweets from the questionable.
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