Dataminr, which analyzes tweets and other information streams to create alerts for traders, reporters and government agencies, has raised $130 million from banks and institutions in a new private round. The deal values New York-based Dataminr at about $700 million, people familiar with the terms said. All told, the six-year old company has raised $180 million in equity from investors.
Dataminr’s new investors include mutual-fund firms Fidelity Investments, which led the round, and Wellington Management Co., along with Credit Suisse Group AG’s CS Next Fund, Goldman Sachs Group Inc. and Glynn Capital Management, the company said. Venture-capital investors Venrock and Institutional Venture Partners also added to their stakes in the company.