cross pond high tech
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Scooped by Philippe J DEWOST
Scoop.it!

Stay In The Know On Your Network: Newsle Joins The LinkedIn Family

Stay In The Know On Your Network: Newsle Joins The LinkedIn Family | cross pond high tech | Scoop.it

For the last three years, Newsle has leveraged its disambiguation, natural language processing and machine learning algorithms to build an extremely compelling product that finds blogs and articles that mention you or anyone you care about – colleagues, bosses, industry thought leaders, etc. – and notifies you seconds after they’ve published. We’re excited to work with Newsle’s team to combine this technology with our core assets and build experiences that continue to make you and millions of other professionals more productive and successful.

Philippe J DEWOST's insight:

Hoping that the integrated experience will be consistent across the line of LinkedIn's User Interfaces (web / tablet / phone)...

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Scooped by Philippe J DEWOST
Scoop.it!

Scoop.it Raises $2.6 Million & Appoints New Executive

Scoop.it Raises $2.6 Million & Appoints New Executive | cross pond high tech | Scoop.it

Scoop.it, a leading social curation publishing hub, today announced it has raised $2.6 million. Visited by more than 75 million people worldwide in just 18 months since its launch in 2011, Scoop.it's success has led to the appointment of a new executive, Andrew Federici, as vice president of monetization to increase Scoop.it's growing base of paid customers.

 

Scoop.it pivoted two and a half years ago from an application mobile technology called Goojet, which received the initial funding of a seed and partial Series A round. Altogether, Goojet and Scoop.it have raised $13.6 million including the recent addition of$2.6 million from Partech International, Elaia Partners, IXO Private Equity and Orkos Capital.

 

"Since launch 18 months ago, we have seen our user traction grow on our platform and freemium services," said Scoop.it co-founder and CEO, Guillaume Decugis. "We felt it was time to accelerate the delivery of value-added premium features to our paid users, and we hired Andrew Federici because of his expertise in product monetization and his impressive media background."

Philippe J DEWOST's insight:

A nice funding round for a nice startup with a very useful product !

Larry's comment, July 31, 2013 1:57 AM
2,6million$ ? What do they lack to make a profitable autonomous company ?