Signal AI, an AI-powered business intelligence and media monitoring company, closed its $25m Series C funding.
The round, which brought total funding to date to $43M, was led by Redline Capital with participation from existing investors including MMC Ventures, GMG Ventures and Hearst Ventures.
The company intends to use the funds to further branch out into new use cases, as well as accelerate its growth in the US and consolidate its recent launch in the APAC market.
Led by David Benigson, CEO and Founder, Signal AI provides an AI-powered business intelligence and media monitoring platform that aggregates, analyses, and gives business leaders insights into digital, print and broadcast media, news, and regulatory data. Its machine learning enables businesses to track their competitive landscape, changes to regulation, and monitor their reputation—empowering them to make smart business decisions.
Its artificial intelligence layer allows companies to train Signal AI to recognize key themes, risks or opportunities that exist in their market sectors to enable knowledge workers and executives to make more informed decisions with the help of AI and machine learning.
Signal AI has more than 150 employees worldwide, having expanded its global presence with offices now in London, New York and Hong Kong. Numerous Global Fortune 1000 list clients include Deloitte, HSBC and MSL Group.