Gnip

History

Gnip was founded by Jud Valeski and Eric Marcoullier with an initial investment of $1 million. The company was based on the premise that collecting data from many social APIs simultaneously is tedious and time-consuming. It dubbed itself the "Grand Central Station for the Social Web" shortly after launch. Although the company launched with just a few basic features such as notifications, the product was designed to act as an intermediary to simplify the collection of social media data. The company used the tagline "making data portability suck less."

By the end of 2008, Gnip had raised $3.5 million in Series B funding from investors such as the Foundry Group and First Round Capital. The service was used for projects like collecting huge volumes of data for analyzing Twitter clients.

In 2009, Gnip launched a Push API. In September, Gnip underwent a significant product overhaul accompanied by an internal restructuring of resources.

In 2010, Gnip launched their new and revised social media data collection product and released a manual describing use cases and significance of Twitter Inc's streaming API. Gnip's sources included Twitter, Facebook, YouTube, Flickr, Google Buzz, Vimeo, and others.

In April 2014, Gnip was acquired by Twitter for $134.1 million in mostly cash and some stock.

References

References

1. "Gnip: Grand Central Station for the Social Web".
2. Shih. (15 April 2014). "Twitter buys social data provider Gnip, stock soars".
3. (14 March 2008). "MyBlogLog Founder To Launch New Startup Gnip With $1 Million In Funding".
4. Lowensohn, Josh (July 1, 2008). [http://news.cnet.com/8301-17939_109-9981914-2.html "Gnip to bridge the data divide for noisy Web services"]. ''[https://data365.co CNET]''. {{Webarchive. link. (2012-07-12. Retrieved 2017-09-16.)
5. (October 2008). "Gnip 2.0 Launches, With A Business Model".
6. (July 2008). "Gnip is Ping Spelled Backwards".
7. "Gnip Raises $3.5 Million".
8. Eldon, Eric. (4 November 2008). "Data-sharing service Gnip raises $3.5 million".
9. [http://microblink.com/2009/02/19/top-twitter-clients-revealed/ Top Twitter Clients Revealed] {{webarchive. link. (June 25, 2010)
10. (9 July 2009). "Gnip Launches Push API To Create Real-Time Stream Of Business Data".
11. (28 September 2009). "Gnip Clips 60 Percent Of Staff".
12. (25 March 2010). "The Best SLA I've Seen In A While - Feld Thoughts".
13. "Gnip's Manual On The Twitter Streaming API".
14. "Gnip - Sources".
15. (11 August 2014). "Twitter Paid $134 Million for Data Partner Gnip - Digits". [[Wall Street Journal]].