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DataSift raises $42M. Maybe there’s something to this social data after all

on December 3, 2013

Gigaom

DataSift, one of three company’s with full access to the full stream of Twitter data — along with Gnip and new Apple property Topsy — has raised a $42 million series C round of venture capital. The company, which provides analytics and data across a wide range of social media and commenting platforms, has now raised nearly $73 million since launching in 2010.

DataSift’s service is similar to those offered by Gnip and Topsy, although there are some notable differences around delivery models, historical ranges (DataSift’s historical data only goes back three years) and the number of platforms analyzed. Gnip and DataSift, for example, cover all sorts of social media, blog and comment platforms, whereas Topsy is focused just on Twitter.

Between news of Apple’s $200 million acquisition of Topsy on Monday and DataSift’s funding new today, it should be clear just how much value companies are putting on…

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