The following excerpt was sent out by Silicon Canals:
Dublin-based NewsWhip, a real-time media monitoring platform, announced on Wednesday that it has secured $13M (approximately €12M) in a round of funding from AshGrove Capital.
The funding will allow NewsWhip to accelerate its mission to identify and predict the news, narratives, and ideas that shape the world each day for users, including Google, Meta, The New York Times, Samsung, and the BBC.
The company is also planning to increase its headcount by 50 per cent by 2024.
“We’re excited to bring AshGrove Capital on board as investors,” says NewsWhip CEO Paul Quigley. “Their team recognises the transformation underway in the communication profession, and the unique position NewsWhip has in enabling that transformation.”
Founded by Andrew Mullaney and Paul Quigley in 2011, NewsWhip is a real-time media monitoring platform that predicts the stories and topics that will matter in the hours ahead.
The platform helps clients to predict the news, unpack crises and issues, and understand which stories are engaging audiences on a global and local scale.
Based out of London, AshGrove Capital is an independently owned specialty lending fund with a sector-led approach focusing on software and services.
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