Posts tagged “Automated Insights”
The Council for Entrepreneurial Development is adding more investor star power to its Tech Venture conference coming up next month in Raleigh: Warburg Pincus and Vista Equity Partners. Both have made significant Triangle deals.
Our team at the Underground will work with Google and the CODE2040 program to identify and host an "Entrepreneur-in-Residence" for a year. The EIR will be a Black or Latino/a entrepreneur who will work to build connections with minority-led startups and help to create a more diverse tech ecosystem. But time is running out to apply.
"It's pretty surreal," says Robbie Allen, who started work on AI-predecessor StatSheet in 2007 while an employee at Cisco and sold the now-named Automated Insights in a deal announced Thursday. "This isn't something I expected to do at this point--we just raised money and things were going really well. But it was just the right mix of opportunity--and everything."
"Success has many parents," writes Steve Hinkson, director of communications at the Council for Entrepreneurial Development. And Robbie Allen, CEO of Automated Insights which made its "exit" through acquisition on Thursday, is proof - as Allen recently told the CED.
Washington Post hails Automated Inights; DirecTV-AT&T deal advances; FBI criticizes Apple, Google; drones win FAA OK
In today's wrapup of technology news: Automated Insights gets big press for fantasy football program; DirecTV shareholders OK AT&T deal; the FBI criticizes new data protection of Apple and Google devices; and the FAA gives OK for use of drones in movie making.
Durham-based Automated Insights, which uses proprietary robotic technology to produce content for web sites, has landed $5.5 million in new venture capital funding. The Associated Press, which is an investor, also says it will use Automated Insights for some news stories.
The Associated Press spells out its reasoning in a Q&A for signing a robotic content production deal with Durham-based Automated Insights, calling the deal "a leap forward." AP also invested in the company. The AP says it will launch company earnings stories based on robot-processed data in July.
In the four years that I've been designing and developing automated content at Automated Insights, the reaction of traditional journalists to our technology has been all over the map. So how would hundreds of journalists react to my address in New York? I didn't anticipate what happened. So what did occur? WRAL TechWire Insiders can find out in this first-person exclusive.
Welcome to the new era of Robot Reporter. The process of automated writing is no longer about filling in blanks between words with the proper data. Scalability, variety, point-of-view, sentiment - all the concepts that make a human-written article sound like it was written by a human - can be done by a machine. So writes WRAL Insider columnist Joe Procopio, whose day job is making robot reporters reality at Durham-based Automated Insights,
Automated Insights' Robbie Allen and Windsor Circle's Matt Williamson - complete with green pants for money, not The Masters - are heading to the first Google Demo Day determined to put on a show and to land investors.
"Jobs Under the Big Top" will take place under a real tent, and the jobs fair at which companies pitch for employees will kick off the second Paradoxos festival in Durham next week.
Today's "Startup blog" - the first in a regular addition to WRALTechWire's lineup - focuses on Triangle and NC startups, an IPO update, and a kickstarter success. Check out details about Square 1 Bank, NC IDEA's application deadline, CED's fund-raising series, Mohu's kickstarter success, and a mentoring program from Up Global NEXT.
Automated Insights and Windsor Circle prevail in a 50-team Triangle shootout to win the right to present to potential investors at a Google for Entrepreneurs event in Silicon Valley on April 2.