Owlin Secures $250K in Seed Funding
11 DECEMBER 2012, AMSTERDAM
SummaryOwlin, a real-time news analysis and notification company, has secured $250K of funding from NoRo Venture Capital. The one-year old start-up has developed an innovative real-time trend and news detection system. With its technology, aimed at financial institutions and governments, users no longer have to search for news - relevant news is pushed straight to their dashboard. Owlin helps users to specify the news they want and makes sure it is delivered instantly.
"I see a lot of opportunities in the data Owlin collects, the fact that they are able to do real-time analysis is in my opinion very valuable." Werner Vogels - CTO & VP Amazon.com
"Real-time news analysis is a hot topic. Owlin provides a powerful solution that goes way beyond our own digital sense. It's a very promising idea for a promising market." Boris Veldhuijzen van Zanten - Co-founder The Next Web
"Per day, more content is published than one can possibly read in an entire lifetime. Owlin knows how to transform all this content into useful information. Such innovations and technologies almost often come from small innovative companies and very little from the big corporates. For me it is a proof that startups add value to the world." Oscar Kneppers - Founder Rockstart
"Owlin has the potential to become not just a local hero. It once more shows that the start-up scene in Amsterdam is alive and rocking." Michiel Verberg - CEO Whatser
"I was used to bureaucratic and slow development processes at the places I worked. This all changed when I met Bas & Richard, the energy these guys have and the speed at which they operate and apply their knowledge, is unbelievable. Working together with these smart guys is great!" Sjoerd Leemhuis - Co-founder Owlin
About the Company:
Amsterdam-based Owlin has been developing news search and analysis tools since its inception in 2012. Owlin's proprietary search and analysis software helps you gain control over the wealth of information on the internet. Owlin scans more than 2 million news sources around the world, 24 hours a day, 7 days a week, and 'turns the news into actionable intelligence'.