JX Press

company

About

JX Press provides breaking news bulletins for urgent information on accidents, natural disasters, and other incidents detected by AI.

  • 51 - 100

Details

Last Funding Type
Series B
Last Funding Money Raised
$3M
Industries
Big Data,Data Mining,Digital Media,Natural Language Processing,News
Founded date
Jan 10, 2008
Number Of Employee
51 - 100
Operating Status
Active

The JX PRESS Corporation is Japan’s“virtual news agency.”

JX PRESS’s “FASTALERT” service provides breaking news bulletins for urgent information on accidents, natural disasters, and other incidents detected by AI to all six of the major television broadcast stations in Japan, including NHK, and the majority of the 100+ local broadcast stations. FASTALERT works with more companies than any other service that utilizes information gathered from social networking sites for news reporting in Japan.

The version offered to ordinary consumers, an app called “NewsDigest,” is the biggest news bulletin app in Japan, boasting over 1 million downloads. It is gaining popularity because of its ability to use AI to automatically detect and deliver news bulletins on information worth reporting. Alongside FASTALERT, it is also gaining more widespread use by news reporters as a standardized service for information.

Stakeholders in the JX PRESS Corporation include KYODO NEWS, the leading news agency in Japan, two of the leading commercial broadcast stations (TV Asahi and Fuji TV), and the Nikkei Group. We are a new kind of news agency that provides computerized news reporting to all of the major media groups in Japan.

Bloomberg - This Media Startup Is Beating the Competition With a Newsroom Run by Robots
https://www.bloomberg.com/news/articles/2018-05-27/the-airline-geek-trying-to-build-a-media-giant-with-no-reporters

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
$6M
JX Press has raised a total of $6M in funding over 2 rounds. Their latest funding was raised on Apr 12, 2018 from a Series C round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Apr 12, 2018 Series C $3M 1 Detail
Jul 27, 2016 Series B $3M 1 Quick Detail
May 23, 2011 Pre-seed 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
3
JX Press is funded by 3 investors. Quick and Fuji Startup Ventures are the most recent investors.
Investor Name Lead Investor Funding Round
Quick Yes Series B
Fuji Startup Ventures Series C
NetAge Pre-seed