Dublin-based NewsWhip, a real-time media monitoring platform, introduced on Wednesday that it has secured $13M (roughly €12M) in a spherical of funding from AshGrove Capital.
The funding will permit NewsWhip to speed up its mission to determine and predict the information, narratives, and concepts that form the world every day for customers, together with Google, Meta, The New York Occasions, Samsung, and the BBC.
The corporate can also be planning to extend its headcount by 50 per cent by 2024.
“We’re excited to convey AshGrove Capital on board as buyers,” says NewsWhip CEO Paul Quigley. “Their group recognises the transformation underway within the communication career, and the distinctive place NewsWhip has in enabling that transformation.”
Based by Andrew Mullaney and Paul Quigley in 2011, NewsWhip is a real-time media monitoring platform that predicts the tales and subjects that may matter within the hours forward.
The platform helps purchasers to foretell the information, unpack crises and points, and perceive which tales are partaking audiences on a worldwide and native scale.
Based mostly out of London, AshGrove Capital is an independently owned specialty lending fund with a sector-led strategy specializing in software program and companies.