Inkef leads €2.5m round for Crowdynews
Inkef Capital has led a €2.5m series-A funding round for Crowdynews, a Dutch social media and news aggregator.
Singaporean media group Singapore Press Holdings co-invested in the company via its New Media Fund, which launched in October 2013 and backs media start-ups.
Crowdynews will use the capital to continue its global expansion plans. The company already has a number of clients in the US, Europe and Asia.
Company
Crowdynews is a social media and news aggregator gathering social media posts that are relevant to news stories. It then posts the social media content in real-time alongside the news.
The company claims to have 500 online publishers as customers. Clients include Accuweather, Washington Times and SanomaMedia.
Crowdynews was founded in 2010 and is headquartered in Groningen. It employs around 50 staff.
People
Edwin Kuipers and Jeroen Zanen are the founders of Crowdynews. Inkef managing director Robert Jan Galema joined the company's supervisory board.
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