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DataSift
Enables organizations to identify and extract valuable insights from all types of human-generated data in real-time
About DataSift
DataSift operated as a platform for processing and analyzing human-generated data, enabling businesses to extract insights from a multitude of online sources. The company was founded in the United Kingdom in 2010 by Nick Halstead, a serial entrepreneur who previously founded TweetMeme and invented the concept of the retweet button. Halstead's experience with the rapid growth of social media and its impact on organizations directly informed the creation of a platform designed to manage and capitalize on the insights within this data.
The firm's core business centered on providing developers and enterprises with access to real-time and historical data from social networks like Twitter and Facebook, alongside blogs, news sites, and forums. Its business model was based on cloud-based pricing with pay-as-you-go and subscription options, catering to a wide range of clients from individuals to large enterprises, including social media monitoring firms, business intelligence companies, and financial services organizations. DataSift empowered these clients to aggregate, filter, and channel vast streams of public social conversations into their own business intelligence tools and data warehouses for analysis. A key aspect of its service was its partnership with major social platforms, which granted it licensed access to commercial data streams.
The platform's main offering was its ability to process billions of daily online interactions through a powerful filtering engine. A distinctive feature was the proprietary Curated Stream Definition Language (CSDL), which allowed users to create highly complex and specific filters based on metadata such as location, gender, sentiment, and language. DataSift also provided tools like 'Query Builder,' a visual interface for creating filters without needing programming skills, and 'Push,' a system to deliver the processed data directly into clients' existing applications and databases like MongoDB and Amazon S3. The company focused heavily on privacy, using anonymization and aggregation techniques to protect user identities while still providing valuable intelligence. In March 2018, DataSift was acquired by Meltwater, a media intelligence company, and its technology was subsequently integrated into Meltwater's platform.
Source: Dealroom company dataAt a glance
- Status
- Acquired
- Founded
- 2010
- Headquarters
- New York City, United States
- Employees
- 13
- Open positions
- None listed
- Dealroom signal
- 59.7/100
- Industry
- Enterprise Software
- Sector
- AI, Analytics, Data Analytics, Core AI, Alternative Data, MLops, Hard Tech, AI Data Preparation and Generation, DT and LS, Cloud Computing
- Technology
- Artificial Intelligence, Big Data
- Business model
- SaaS
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITIONOther financing | Mar 2018 | — | — | Meltwater | ↗ |
| SERIES COther financing | Dec 2013 | $42M | $168M | Northgate Capital · IA Ventures · Scale Venture Partners · Upfront Ventures | — |
Growth signals
Latest recorded traffic for DataSift is 170 monthly website visits, down 15% over the last three months. DataSift's team declined 18.8% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
David Richmond
Series A5 investors entered at this stage
IA Ventures
Hermann Hauser
Upfront Ventures
Scale Venture Partners
Northgate Capital
Series B and later1 investor entered at this stage
Other known investors2 additional known investors
Meltwater
Tech Nation
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about DataSift on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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