Almax Nets Funding to Grow Analytics Platform

Officials say the funding will help the vendor to enhance and grow its platform while working with early adopters.

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Investors include executives from MCSI, Aviva, and angel investor and former Bloomberg bureau chief Jonas Dromberg.

Officials say Almax, which launched in January (IMD, Jan. 18), is the first news analytics system that functions like a human brain, extracting quantifiable information from unstructured text and sources, and putting the content of news into context. 

Dromberg says he invested in the company because while news analytics players already exist in the financial sector, “Nobody has yet

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