“Our vision at Signal AI is to transform business decision making through augmented intelligence. We are building artificial intelligence and machine learning technologies that learn what an executive needs to know and investigate huge amounts of data to provide critical insights in real-time. The results give them absolute clarity about what’s happening outside their organization to make the most informed decisions,” said David Benigson, CEO and Founder of Signal AI. “I am thrilled to have Redline join us in this latest round and appreciate the continued belief and support of our existing investors, which will allow us to continue scaling our business and advancing our work with some of the world’s biggest companies.”
Signal AI is a fast rising AI-powered business intelligence and media monitoring company that functions in roles such as providing business owners with assessment, analysis into insights for their data. This funding comes after a period of explosive growth for Signal AI, growing revenue by over 130% in the last 12 months and more than doubling its number of customers in the same period. Signal AI has more than 150 employees worldwide, having expanded its global footprint with offices now in London, New York and Hong Kong. Numerous Global Fortune 1000 list clients include Deloitte, HSBC and MSL Group.
“In this new digital era of news and content, having an adaptive platform to help the world’s leading organizations see around the corner is invaluable, “said Nicolas Giuli, Partner at Redline Capital. “Signal AI’s team of data scientists and engineers have been at the forefront of the AI revolution and we are excited to take this journey with them as they continue to scale across the world.”