Company:Gnip
Available in | English |
---|---|
Founded | 2008 |
Headquarters | Boulder, Colorado, United States |
Area served | Worldwide |
Founder(s) | Jud Valeski and Eric Marcoullier |
Industry | Social Media API Aggregation |
Website | [1] |
Gnip, Inc. was a social media API aggregation company that was purchased by Twitter in 2014. Headquartered in Boulder, Colorado, it provided data from dozens of social media websites via a single API. Gnip was among the first social media API aggregation services.
Gnip is known as an early influencer in building the real-time web.[1] The company has also been instrumental in defining relevant web standards: Gnip's co-founder Eric Marcoullier actively advocated for adoption of open web standards, and helped define the new Activity Streams format for web data.
Subsequent to a 2010 data licensing agreement with Twitter Inc, Twitter purchased Gnip in April 2014.[2]
History
Gnip was founded by Jud Valeski and Eric Marcoullier with an initial investment of $1 million.[3] 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.[1] Although the company launched with just a few basic features such as notifications,[4] the product was designed to act as an intermediary to simplify the collection of social media data.[5] The company used the tagline "making data portability suck less."[6]
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.[7][8] The service was used for projects like collecting huge volumes of data for analyzing Twitter clients.[9]
In 2009, Gnip launched a Push API.[10] In September, Gnip underwent a significant product overhaul accompanied by an internal restructuring of resources.[11]
In 2010, Gnip launched their new and revised social media data collection product[12] and released a manual describing use cases and significance of Twitter Inc's streaming API.[13] Gnip's sources included Twitter, Facebook, YouTube, Flickr, Google Buzz, Vimeo, and others.[14]
In April 2014, Gnip was acquired by Twitter for $134.1 million in mostly cash and some stock.[15]
References
- ↑ 1.0 1.1 "Gnip: Grand Central Station for the Social Web". http://www.readwriteweb.com/archives/gnip_grand_central_station.php.
- ↑ Gerry Shih and Supantha Mukherjee (15 April 2014). "Twitter buys social data provider Gnip, stock soars". https://www.reuters.com/article/us-twitter-gnip-idUSBREA3E17D20140415.
- ↑ "MyBlogLog Founder To Launch New Startup Gnip With $1 Million In Funding". 14 March 2008. https://techcrunch.com/2008/03/14/mybloglog-founder-to-launch-new-startup-gnip-with-1-million-in-funding/.
- ↑ "Gnip to bridge the data divide for noisy Web services". http://news.cnet.com/8301-17939_109-9981914-2.html.
- ↑ "Gnip 2.0 Launches, With A Business Model". October 2008. https://techcrunch.com/2008/09/30/gnip-20-launches-with-a-business-model/.
- ↑ "Gnip is Ping Spelled Backwards". July 2008. http://www.foundrygroup.com/wp/2008/07/gnip-is-ping-spelled-backwards/.
- ↑ "Gigaom | Gnip Raises $3.5 Million". http://gigaom.com/2008/11/04/gnip-raises-35-million/.
- ↑ "Data-sharing service Gnip raises $3.5 million | VentureBeat | | by Eric Eldon". 4 November 2008. https://venturebeat.com/2008/11/04/data-sharing-service-gnip-raises-35-million/.
- ↑ Top Twitter Clients Revealed
- ↑ "Gnip Launches Push API To Create Real-Time Stream Of Business Data". 9 July 2009. https://techcrunch.com/2009/07/09/gnip-launches-push-api-to-create-real-time-stream-of-business-data/.
- ↑ "Gnip Clips 60 Percent Of Staff". 28 September 2009. https://techcrunch.com/2009/09/28/gnip-clips-60-percent-of-staff/.
- ↑ "The Best SLA I've Seen In A While - Feld Thoughts". 25 March 2010. http://www.feld.com/archives/2010/03/the-best-sla-ive-seen-in-a-while.html.
- ↑ "Gnip's Manual On The Twitter Streaming API". http://www.techcrunchit.com/2010/02/18/gnips-manual-on-the-twitter-streaming-api/.
- ↑ "Gnip - Sources". http://gnip.com/sources.
- ↑ Koh, Yoree (11 August 2014). "Twitter Paid $134 Million for Data Partner Gnip - Digits". Wall Street Journal. https://blogs.wsj.com/digits/2014/08/11/twitter-paid-134-million-for-data-partner-gnip/.
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