
Asuum
closedProvides context-aware technology that enriches and monetizes a publisher's content.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor | €0.0 | round |
N/A | €0.0 | round | |
$700k | Seed | ||
Total Funding | 000k |
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Asuum, founded in 2013, operated from Berlin, Germany, as a developer of context creation technology. The firm's business was centered on a technology designed to assist content creators by freeing up their time.
The company's core offering was a technology that enriched and monetized a publisher's content through machine learning. This was delivered via a self-service tool that required no setup fee and could be integrated with just one line of code. Asuum's primary clients were content creators and publishers in the media and information services sector. The business model aimed to provide a streamlined solution for content monetization and enrichment.
Asuum's technology fell within the multimedia and design software, business/productivity software, and media and information services industries, with a vertical focus on artificial intelligence and machine learning. The company participated in an accelerator/incubator program on May 16, 2013, raising $32.6K, and later secured a seed round on October 1, 2013. Over its lifetime, the company raised a total of $733K. According to PitchBook data, Asuum ceased operations as of April 1, 2019.
Keywords: content monetization, publisher tools, machine learning, context creation, media technology, artificial intelligence, content enrichment, digital publishing, ad tech, self-service platform, Berlin startup, content creators, design software, productivity software, information services, VC-backed, seed funding, accelerator program, out of business, formerly VC-backed