Dataminr
Dataminr is a global artificial intelligence company that provides real-time information alerts to hundreds of clients in over 70 countries .
| Type | Private company |
|---|---|
| Industry | Real-time information |
| Founded | 2009 |
| Founders | Ted Bailey |
| Headquarters | , |
Key people | Ted Bailey, CEO |
| Products | Software as a Service |
Number of employees | 600+ (2020) |
| Website | dataminr |
Founded in 2009, Dataminr employs more than 600 people and is headquartered in New York . The company has offices in New York City, Washington D.C., Seattle, London, Dublin, Ireland, Melbourne, Australia and Bozeman, Montana .
History
Dataminr was founded in 2009 by Yale University graduates Ted Bailey Sam Hendel and Jeff Kinsey. One of Dataminr’s major early successes came in 2011, when it issued an alert that Osama bin Laden had been killed 23 minutes faster than major news organizations .
Dataminr’s clients span both public and private sectors, including CNN, USA Today, the United Nations, Airbus, Shell and the New York City Office of Emergency Management .
In 2018, Dataminr closed a $391.6 million Series E round of funding that valued the company at $1.6 billion . The company has raised $577 million in funding to date .
In 2019, Dataminr detected the first signals of the COVID-19 outbreak within public social media posts at 9:11 am EST on December 30, 2019.
Controversies
In 2020, the Intercept released a report that police departments used Dataminr services for surveillance during the George Floyd protests, including accessing social media posts about protest locations and actions. As written in the article, "The monitoring seems at odds with claims from both Twitter and Dataminr that neither company would engage in or facilitate domestic surveillance following a string of 2016 controversies."[1] Twitter claimed that the company was just "news alerting."[2]
References
- Biddle, Sam (2020-07-09). "Police Surveilled George Floyd Protests With Help From Twitter-Affiliated Startup Dataminr". The Intercept. Retrieved 2020-07-12.
- "Twitter Says Its Partner Dataminr Wasn't Surveilling Protests for Local Cops, Just 'News Alerting'". Gizmodo. Retrieved 2020-07-12.
Dataminr Founder and CEO Ted Bailey Named to Inaugural “New York Tech Power 50” List.
Dataminr Ranked Number 5 on the Forbes AI 50 List.
Newsweek: How Wall Street Uses Twitter to Make Money.
USA Today: Dataminr, Twitter unveil early news detection tool.
Dataminr: Clients rely on Dataminr 24/7 to identify emerging events and risks in real time