DataSift Recognized for Innovation in Social Data
San Francisco Business Times Names the DataSift Platform ‘Best Service or Application’ of 2014
SAN FRANCISCO – May 22, 2014 – DataSift, the leading social data platform, announced today it has been named the winner of the 2014 San Francisco Business Times Tech and Innovations Awards’ Business Service or Application category. The DataSift platform allows businesses to easily aggregate, filter and extract meaning from social data and other enterprise data sources and put it to work - gathering market insight, understanding customers more deeply, measuring results, optimizing campaigns and more.
The DataSift platform processes two billion social interactions from thousands of sources in real-time every day, including Twitter, Facebook, Tumblr and Sina Weibo, and business data from sources such as LexisNexis, going beyond simple keyword searches, allowing precision filtering that speeds time-to-value while reducing costs.
“From the early days of social media, we foresaw the potential of social data to fundamentally transform how businesses plan and make decisions,” said Nick Halstead, DataSift founder and CTO. “We founded DataSift with the goal of creating a platform that could process massive volumes of data in real time, thereby helping organizations tap into social data’s full potential. The DataSift team is honored to receive recognition for our innovation in social data from the San Francisco Business Times.”
In 2013, DataSift secured $42 million in Series C funding, which was used to continue its global expansion through partnerships with Sina Weibo and WordPress and to further expand into new data types, including enterprise data through partnerships with Informatica, Splunk and Tableau Software. Today, more than 1,000 customers in 40 countries rely on DataSift to harness and derive value from social data.
DataSift is among 30 recipients, including AdRoll, Airbnb, Dropbox, Evernote, Lyft, RichRelevance and SoundCloud, recognized by the San Francisco Business Times as the region’s most innovative and promising companies. DataSift accepted the award at the San Francisco Business Times Tech and Innovation Awards reception on May 21.
DataSift Inc. is the leading social data platform with more than 1,000 customers in 40+ countries. DataSift is driving a revolution in corporate decision-making by making it easy for applications to incorporate the use of real time and historical social data intelligently and easily into data analysis. The DataSift platform enables companies to easily aggregate, filter and extract useful data from the billions of public social conversations on Twitter, other leading social networks and millions of other sources. DataSift powers hundreds of applications across a wide variety of industries including retail, telco, high tech, consumer packaged goods and agencies. DataSift has offices in San Francisco, New York, Canada, and Reading, U.K. For more information, visit www.datasift.com and follow us on Twitter @datasift.