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General Information

Websitesummly.com
Twitter@Summly
CategoryConsumer Web
Email
Employees
Founded6/11
DescriptionSummarisation Technology

Offices

People

Funding

TOTAL $250k
VENTURE FUNDING TOTAL $250k
Seed, 12/11
Li Ka-shing
$250k

Tags

Summly

Summly Limited was founded in 2011 by Nick D’Aloisio and invested in by Horizons Ventures with the aim of bringing text summarisation into the consumer market. This allows for concise and relevant search browsing. Summly’s patent pending technology utilises state-of-the-art algorithms to summarise any web content into a concise and useful form.

Summly offers users a simpler way to browse and search the web. Summarise web content such as articles, search results and webpages into a concise and digestible format. Summly also offers its own innovative Search Service that automatically accompanies search results with summaries of their content.

Summly’s technology has been proven to outperform the state-of-the-art industry standard by a factor of up to 40% by Researchers at MIT.

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Sources

  1. 16-Year-Old Programmer Raises Seed Round From Billionaire Li Ka Shing To ‘Summarize The Web’ (techcrunch.com) [edit]
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Last Edited 1/16/12

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