SOURCE: iSENTIUM

iSENTIUM

October 02, 2014 07:00 ET

iSENTIUM Announces Investment Round Led by Marc Spilker and David Heller, Appointment of Sameer Gupta as COO, and Opening of New York Office

NEW YORK, NY--(Marketwired - Oct 2, 2014) - iSENTIUM, the market leader in real time sentiment search, announces it has received investment funding led by Marc Spilker, former President of Apollo Global Management, and David Heller, former Global Co-Head of the Securities Division for Goldman Sachs. Several other Wall Street veterans also participated.

iSENTIUM also announces the appointment of Sameer Gupta as Chief Operating Officer. Gupta, the former COO of Global Electronic Trading in equities and futures for JP Morgan, will be based in iSENTIUM's newly opened midtown office in New York.

Gautham Sastri, Chief Executive Officer of iSENTIUM, said, "To have Marc and David express their confidence in iSENTIUM is a testament to all the hard work that has gone into building our company's technology and having the most advanced sentiment extraction and display capabilities."

Of Gupta's appointment to COO, Sastri said, "To have Sameer join iSENTIUM as COO and open our New York office is an exciting milestone for the company. Sameer possesses a unique skill set that puts him at the intersection of markets and technology. His addition bolsters our management team and allows us to better serve our customers' needs."

iSENTIUM's advanced technology, used by investment professionals, bridges social media and a user's need for immediate, accurate, intelligent and actionable data. Its core technology utilizes Natural Language Processing (NLP) to provide a real-time, granular view of sentiment generated by social media traffic. The company has built a base of hedge fund and sell side customers and continues to expand its product capabilities and customer reach.

ABOUT iSENTIUM
Founded in 2010, iSENTIUM is the market leader in real time sentiment search. iSENTIUM's patented technology currently supports over 8,000 U.S. stocks, indices and ETFs. iSENTIUM's products are offered through both an APP and an API, and can also be customized based on specific customer needs. iSENSE APP, a sentiment search tool, is available through both the Bloomberg terminal and the Web. iSENSE API provides real time and historical sentiment data to systematic traders. iSENTIUM's core technology can be customized to integrate with customers' proprietary data sources. For more information on iSENTIUM, contact inquiries@isentium.com.

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