|
Inform Technologies, a technology solution for established media brands,
recently announced that the company received a $15 million investment from Spark
Capital, a Boston-based venture fund focused on the intersection of the media,
entertainment and technology industries. Inform also announced that it will use
the funds to help implement its strategy for accelerated growth.
Founded in 2004, Inform currently works with nearly 100 major media brands to
help them ensure that their sites are content destinations and offers
editorial-quality features that keep readers engaged on their sites longer – and
that increase page views and revenue potential.
Inform’s key offering is a technology solution that acts as an extra editor.
It starts with a page of text, and then, with editorial precision, it
automatically creates and organizes links to relevant content from the media
property’s site, its archives, from affiliate sites and/or anywhere else on the
Web. As a result, each page on a site becomes a richer multimedia experience.
Said James Satloff, CEO of Inform said “Media companies face significant
challenges online. They need to attract new unique visitors, create an
experience that compels those readers to spend more time consuming more pages,
and then turn those page views and time on site into revenue. We believe that
the Inform solution enables them to do exactly that.”
Inform uses artificial intelligence and proprietary rules and algorithms to
scan millions of pages of text and read the way a journalist does – identifying
key “entities,” such as people, places, companies and products, and recognizing
how they connect, even in subtle and context-specific ways. The software
continually teaches itself – in real time – how information is related and
automatically updates links and topics as the context changes.
Santo Politi, Founder and Partner at Spark Capital, said “Established media
brands need cost-effective ways to compete with each other and, importantly,
with other online presences, such as search. They need depth and richness in
their content so they’re true destinations and so readers spend more time on the
sites and click through more pages. Inform provides a truly elegant – and so far
very successful – solution for that. While allowing the publication to remain in
full control of its content and editorial integrity, Inform automatically
enriches a site by enabling it to leverage its own content, its archives,
archives of affiliates and the web overall. In effect, it enables a publication
to expand its editorial capabilities without expanding its staff. We believe the
potential for Inform’s growth is substantial.”
Joseph Einhorn, Co-Founder and CTO of Inform, said “We’re delighted that our
new investor understands how effectively we partner with media companies and how
our technology serves their business and editorial objectives. We will use the
capital to expand our operations and implement our approach to accelerating our
growth.”
Inform Technologies is a new technology solution for established media brands
that automatically searches, organizes and links content to provide a rich,
compelling experience that attracts and retains readers. The technology relies
upon artificial intelligence tools, natural language processing, identification
of topics, and the continual scanning and processing of content as it is
published anywhere on the Internet.
For more
information, please visit
www.inform.com
|