Signal Media raises $16m in a series B funding round led by GMG Ventures
The series B round was led by GMG Ventures and includes participation from MMC Ventures, Frontline, and Kreos Capital.
≈ £12.2M at $1 = £0.7608 on 2 Jul 2018
Signal Media provides an artificial intelligence platform for corporate reputation management and decision support. The company helps business leaders monitor external risks and opportunities.
Signal Media has raised $16m in a series B funding round led by GMG Ventures. The investment includes participation from MMC Ventures, Frontline, Hearst Ventures, Reed Elsevier Ventures, and LocalGlobe, alongside a debt facility from Kreos Capital.
The company will use the capital to support its expansion into the United States and further develop its business intelligence technology. Signal Media aims to help senior leaders track external risks and market developments outside their organisations.
The business currently competes with established providers in the corporate reputation and communications market, and is expanding into risk management for tax, compliance, and professional services.
Use of funds
- 01Expand into international markets
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About the company
Signal Media
Signal Media operates an artificial intelligence platform for corporate reputation management and decision support.