Tynt among Top 10 Data Collectors online

Posted by Rob Lewis

Calgary-born Tynt Multimedia has been on quite he ride since launching in 2007.

In April of 2010 they announced that they had raised $8 Million of additional venture capital financing on top of the $5 Million Series A round from the previous year.

So what is Tynt and why have they been able to raise two rounds in two years?

Tynt measures user engagement and they're responsible for the Tynt Insight content sharing analytics service. Through its unique patent-pending method of anonymously detecting copy and paste behavior on any website, Tynt Insight enables online content owners to indentify, with pinpoint accuracy, exactly which content their visitors find most engaging, and how they are sharing it. 

Tynt technology is currently being used on over 500,000 sites worldwide, including CondeNast, NBC and Time properties, as well as SportsIllustrated and TMZ.

Today Panorama Capital Managing Director (and Tynt investor) Chris Albinson tweeted that Tynt is one of the Top 10 'data collectors' globally.

Tynt's growth trajectory has been impressive and they are now responsible for almost 2% of data requests online. To put that in perspective, Doubleclick the leader in the space with 16% of requests followed by Comscore with 12%.

Look out for more from Tynt in 2011.

Company:
Tynt Multimedia
Website:
http://www.tynt.com
Location:
Calgary, Alberta, Canada

Tynt Multimedia is measuring the way consumers interact with content they find on Websites and is focused on improving engagement and user retention for Publishers. The company’s platform is driving new revenue opportunities by increasing traffic, increasing onsite user engagement, providing new methods of content discovery, offering new option for ad delivery and providing unique insights into user engagement. more

Company:
Panorama Capital
Website:
http://www.panoramacapital.com/
Location:
Menlo Park, California, United States

Panorama Capital is a seasoned team of technology and life sciences investors with a singular focus: helping entrepreneurs build market leading companies. We invest in entrepreneurs and teams who share our values: a passion to build great companies, an unyielding focus on people and teamwork and a commitment to integrity. We invest across the spectrum, from entrepreneurs with a great idea to more established... more


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Rob Lewis

Rob Lewis

Rob is the President of Techvibes Media and Editor-in-Chief of Techvibes.com.  His diverse background includes stints in International Trade Finance, Web Development, and Enterprise Software and he is a graduate of the University of British Columbia, British Columbia Institute of Technology, and Simon Fraser University. When not running Canada's leading technology media property, Rob can be... more



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