Social media curation startup for media outfits Crowdynews itself makes headlines

social media curation

The Netherlands-based social media curation platform for media companies Crowdynews has been around since 2010.

Its customers include some big guns Chicago Tribune & AccuWeather. Essentially, it offers publishers a way of increasing traffic, & thus revenue, by making the most relevant Content from social media easily accessible in one stream.

Crowdynews is obviously going great guns, evident from its announcement today that it had raised EUR 2.5 million in funding. The Series A round was led by INKEF Capital & joined by co-investor Singapore Press Holdings (SPH) through its New Media Fund.

Crowdynews says it now plans to use the funds to continue its rapid global expansion with media & newspaper companies.

“Crowdynews was inspired when the US Airways plane landed in the Hudson River,” said co-founder Edwin Kuipers, in a statement. “Most of the breaking news was coming from social media posts. Crowdynews found a way to integrate social media into the news cycle, and media companies have loved the reader engagement plus the revenue sharing model that gives them new digital income. It’s been a dream come true.”

Here’s how it works:

Crowdynews gathers social media posts, photos & videos from Twitter, Facebook, Instagram, Vimeo & other channels to augment traditional reporting with social media & engage readers. The Crowdynews platform uses advanced technologies such as natural language processing & artificial intelligence to achieve over 90% relevancy rates in more than 25 languages. Crowdynews is the only social media curation platform that is both multi-lingual, globally scalable & pulls from a list of premium social media services.

The company’s social media curation platform consists of 3 products: The Crowdynews Widget, Crowdynews Breaking Burner & Crowdynews Amplifinder.

Image Credit: Crowdynews

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