Dataminr Closes $30 Million Round
Dataminr, one of the more noteworthy startups to comb through and analyze Twitter data, raised $30 million in its third venture round, the company announced. The round, led by Venrock and Institutional Venture Partners, brings Dataminr’s total funds raised to $46.5 million. Dataminr scans the hundreds of millions of tweets sent daily, using algorithms to pinpoint new, noteworthy and otherwise important tweets from influential sources. The company services clients ranging from finance firms on Wall Street to government agencies, among others.