Associated Press

The Associated Press (AP) is a prominent not-for-profit news cooperative based in New York, founded in 1846. It serves as a reliable source of independent news, supplying content to its members, international subscribers, and commercial customers. With a legacy of covering significant historical events, AP has adapted to technological advancements over the years, transitioning from traditional methods of news delivery to modern digital platforms. It operates a sophisticated digital photo network and offers a continuously updated multimedia news service, including a state-of-the-art television news service and one of the largest radio networks in the United States. The AP has received numerous accolades, including 51 Pulitzer Prizes since the award's inception in 1917, reflecting its commitment to quality journalism. With more than 3,700 employees and over 280 offices worldwide, the Associated Press continues to play a vital role in the global news landscape.

Peter Prengaman

Global Climate and Environmental News Director

12 past transactions

Stringr

Series A in 2020
Stringr, Inc. operates an online marketplace that connects media content contributors with media organizations seeking various types of media, including photographs and videos. It provides a platform where contributors can upload their work and license it for use by media outlets. Media organizations can search for videos based on location, date, and description, submit detailed footage requests, and download videos directly from the platform. The service also allows contributors to receive notifications for requests and capture the specified video content. Stringr supports multiple video formats, such as AVI, AAC, FLV, MP4, and 3GP. Founded in 2013, the company is headquartered in San Francisco, California.

Trint

Series A in 2019
Trint Limited operates an online platform that specializes in converting audio and video content into searchable text. Founded in 2014 and based in London, the company provides tools for editing transcripts, adding captions to videos, and sharing concise segments of audio and video online. Trint's services cater to a range of industries, including journalism, media, academic research, and market research, by streamlining the transcription process and enhancing content accessibility. The platform utilizes artificial intelligence to automate transcription, enabling users to quickly locate important moments within their audio and video files. The founders, Jeff Kofman, a veteran journalist, and Mark Boas, a web developer, united their expertise to address the challenges of traditional transcription methods.

Stringr

Seed Round in 2018
Stringr, Inc. operates an online marketplace that connects media content contributors with media organizations seeking various types of media, including photographs and videos. It provides a platform where contributors can upload their work and license it for use by media outlets. Media organizations can search for videos based on location, date, and description, submit detailed footage requests, and download videos directly from the platform. The service also allows contributors to receive notifications for requests and capture the specified video content. Stringr supports multiple video formats, such as AVI, AAC, FLV, MP4, and 3GP. Founded in 2013, the company is headquartered in San Francisco, California.

data.world

Venture Round in 2018
Data.World, Inc. operates an open data platform that facilitates the discovery and understanding of data across various sectors, including finance, education, and environment. Founded in 2015 and based in Austin, Texas, the platform allows users to minimize data wrangling, ingest and export diverse formats, and share insights in context, thereby enhancing collaboration and visibility in data projects. It features a cloud-native data catalog that connects siloed data with consistent business concepts, making it accessible for all users, not just data specialists. Data.World also hosts a large collaborative data community, where participants engage in projects ranging from social bot detection to data journalism. As a Public Benefit Corporation, Data.World aims to balance its mission with shareholder interests, promoting ethical data practices and fostering an inclusive environment for experimentation and accountability.

SAM

Convertible Note in 2018
SAM turns unstructured social media into actionable insight and awareness. It also operates a social media management platform for newsrooms. The company allows newsrooms to curate, collaborate, search, annotate, verify, and process around social content, as well as publish and tell stories with social content. When the unexpected occurs, every second count - millions of dollars are often lost in just the first few minutes after an emergency. Having accurate and relevant data on the location and impact of an emergency event as it unfolds is of paramount importance to those in corporate security, public safety, and emergency response. However, obtaining this information using traditional news media and data analysts is expensive, slow, and prone to error. SAM Inc. has developed a novel tool which utilizes artificial intelligence (AI) to detect the location of emergency events based on social media chatter. Their proprietary algorithm scans millions of social media posts to detect events such as fire, flooding, tornado, or terrorist attacks, at their earliest stages based on unstructured social media chatter. Following the detection of an event, we use AI and Natural Language Processing (NLP) to verify the source and triangulate location. This information is then provided to decision-makers so they can take appropriate action quickly and monitor the situation as it unfolds in time and space, minimizing the impact on business operations and risk to personnel. When the unexpected happens, every second counts and SAM provides minutes. SAM was founded in 2013 and is headquartered in Edmonton, AB, Canada.

Wibbitz

Series C in 2017
Wibbitz, Inc. develops AI-powered video creation platform. The company’s platform creates videos from text content, images, and info-graphics. Additionally, it provides a video player and widget for web publishers. The company has strategic partnerships with Hearst, Viralnova, Clarinx, Times of Israel, and Time of India. Wibbitz, Inc. was founded in 2011 and is headquartered in New York, New York. It has additional offices in Tel Aviv, Israel; and London, United Kingdom.

SAM

Seed Round in 2016
SAM turns unstructured social media into actionable insight and awareness. It also operates a social media management platform for newsrooms. The company allows newsrooms to curate, collaborate, search, annotate, verify, and process around social content, as well as publish and tell stories with social content. When the unexpected occurs, every second count - millions of dollars are often lost in just the first few minutes after an emergency. Having accurate and relevant data on the location and impact of an emergency event as it unfolds is of paramount importance to those in corporate security, public safety, and emergency response. However, obtaining this information using traditional news media and data analysts is expensive, slow, and prone to error. SAM Inc. has developed a novel tool which utilizes artificial intelligence (AI) to detect the location of emergency events based on social media chatter. Their proprietary algorithm scans millions of social media posts to detect events such as fire, flooding, tornado, or terrorist attacks, at their earliest stages based on unstructured social media chatter. Following the detection of an event, we use AI and Natural Language Processing (NLP) to verify the source and triangulate location. This information is then provided to decision-makers so they can take appropriate action quickly and monitor the situation as it unfolds in time and space, minimizing the impact on business operations and risk to personnel. When the unexpected happens, every second counts and SAM provides minutes. SAM was founded in 2013 and is headquartered in Edmonton, AB, Canada.

Enwoven

Seed Round in 2015
Enwoven is a media management platform that helps organizations capture and share their knowledge and stories effectively. By providing tools to document brand history, marketing campaigns, and company culture, Enwoven enables brands to turn valuable insights into dynamic narratives and flexible knowledge bases. The company collaborates with notable organizations such as the New York Times, Coca-Cola, Reebok, Campbell's, Avis, and Procter & Gamble to enhance their institutional memory and ensure that important ideas do not get lost over time. Through its services, Enwoven facilitates the creation of experiential stories that connect memories across various media, ultimately making knowledge more accessible and useful for organizations and their stakeholders.

Rivet

Venture Round in 2015
Rivet Radio, Inc. is a Chicago-based company that creates and distributes audio news and feature stories on a global scale. It offers a range of products, including business podcasts, national and international news, corporate reports, and training materials for employee communications and compliance. Rivet provides an API that allows businesses to access and integrate its audio content into their own distribution channels, enhancing their communication strategies. Additionally, the company produces custom branded audio content for corporate websites and offers a mobile app that delivers personalized audio news. Founded in 2012 and originally known as HearHere Radio, Rivet has established itself as a notable player in the audio news industry, providing services that cater to both individual consumers and enterprise clients.

Rivet

Venture Round in 2014
Rivet Radio, Inc. is a Chicago-based company that creates and distributes audio news and feature stories on a global scale. It offers a range of products, including business podcasts, national and international news, corporate reports, and training materials for employee communications and compliance. Rivet provides an API that allows businesses to access and integrate its audio content into their own distribution channels, enhancing their communication strategies. Additionally, the company produces custom branded audio content for corporate websites and offers a mobile app that delivers personalized audio news. Founded in 2012 and originally known as HearHere Radio, Rivet has established itself as a notable player in the audio news industry, providing services that cater to both individual consumers and enterprise clients.

Bambuser

Corporate Round in 2013
Bambuser AB, founded in 2007 and headquartered in Stockholm, Sweden, specializes in live streaming technology. The company develops solutions that enable live video broadcasting from mobile devices and webcams over the Internet. Its flagship product, Live Video Shopping, allows brands and e-commerce companies to sell products and engage with customers directly on their websites, marking a significant innovation in the live shopping space outside of Asia. Bambuser also offers a one-to-one live video shopping service for personalized customer interactions and a software development kit (SDK) that enables clients to create custom mobile live video experiences. The company has established strategic partnerships to enhance its offerings, including collaborations to integrate live video shopping into physical retail environments.

Verve

Series A in 2008
Verve Group’s omnichannel ad platform connects advertisers, agencies, brands, and publishers to people in real time. With a privacy-first approach, Verve Group offers advertising innovation at scale with full-stack programmatic solutions in brand-safe environments. The global company is a trusted partner of 5,000+ advertisers and brands with direct connections to 4,000+ publishers and apps globally. Verve Group is part of Media and Games Invest (MGI) and has an international presence with over 200 employees in 20+ offices worldwide, spanning the Americas, EMEA, and APAC. Learn more at www.verve.com.
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