NEWS24 October 2019

Signal AI raises $25m investment

AI Financials Media News North America Technology

UK – Business intelligence and media monitoring company Signal AI has completed a Series C funding round led by Redline Capital, securing $25m.

The company plans to use the backing to expand into new uses of its technology and support growth in the US and its recent launch in the Asia-Pacific region.

Signal AI uses artificial intelligence technology to aggregate and analyse digital, print and broadcast media, news, and regulatory data, allowing businesses to monitor their reputation and track changes to regulation.

Founded in 2013, the firm has offices in London, New York and Hong Kong. Its platform is used by companies including Deloitte and HSBC.

Nicolas Giuli, partner at Redline Capital, said: “In this new digital era of news and content, having an adaptive platform to help the world’s leading organisations see around the corner is invaluable.”