Details

  • Industries 
    Apps
    Artificial Intelligence
    iOS
    Mobile
    News
  • Founded Date Jun 1, 2011
  • Founders  Nick D'Aloisio
  • Operating Status Active
  • Last Funding Type Venture - Series Unknown
  • Legal Name Summly Limited
  • Company Type For Profit

Simple, intuitive and elegant. Summly redefines news for the mobile world with algorithmically generated summaries from thousands of sources. Innovative gestures, animations and great summaries make reading the news fun: easy to use, easy to scan, easy to read, clear and concise.

Nick D'Aloisio launched Summly in December 2011 as a tech

summarization prototype that garnered significant interest worldwide. With backing from Horizons Ventures, and help from many NLP and AI experts around the world, Nick and the Summly team have been able to further develop summarization technology, the first result being the new Summly mobile news app.

Lists Featuring This Company

United Kingdom Companies (Top 10K)
9,973 Number of Organizations • $178.8B Total Funding Amount • 22,064 Number of Investors
Companies That Exited in 2013
6,313 Number of Organizations • $80B Total Funding Amount • 4,401 Number of Investors
Europe Acquired Companies (Top 10K)
9,796 Number of Organizations • $116B Total Funding Amount • 9,213 Number of Investors
United Kingdom Acquired Companies (Top 10K)
9,616 Number of Organizations • $33.9B Total Funding Amount • 3,448 Number of Investors

M&A Details

Summly was acquired by Yahoo on Mar 25, 2013.