Automatic writing technology company narrative Science won the 10 million dollar D-round

Source: Internet
Author: User
Keywords Writing narrative
Tags automatic company data data sources financing multiple sources text
Absrtact: Narrative Science was established in Chicago in January 2010 and is dedicated to generating readable text automatically for users through multiple data sources. Today, it announced that it had completed the 10 million dollar D-round financing on November 28, with investors including: Sapphire Ventures, Jump Capit

Narrative science was established in Chicago in January 2010 and is dedicated to automatically generating readable text for users through multiple data sources.

Today, it announced the completion of the 10 million dollar D-round financing on November 28, with investors including Sapphire Ventures, Jump Capital, Battery Ventures, and the United Services automobile Association, a company with 6 rounds of fundraising, has reached $32.4 million trillion.

There have been some changes in management following the financing: Sapphire Ventures's Jai Das will get a seat on the narrative Science board.

Company CEO Stuart Frankel said: The Quill platform can analyze structured data and understand its meaning to produce quality content. A few years ago, the NS was able to claim a brief report, based on earnings and sports reports, which at the time attracted a lot of attention from both inside and outside the industry, where companies now focus on corporate customers, such as financial services providers.

Why is this kind of institution?

Because they have spent money and manpower on data collection, they need assistance in handling information efficiently and cost-effectively. Narrative science products can help them do most of the basic work, including: Filter the data, read the data and organize, generate reports submitted to the person in charge-a full range of processes, an employee does not need.

That's it.--frankel said:

"Our goal is to replace the human, let the machine to process data and information." "If the NS get a huge breakthrough, I believe that the media, publishing and other industries, will undoubtedly bring new subversion."


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