Gnip for Twitter

Twitter acquired Gnip, Inc., a social media API aggregation company headquartered in Boulder, Colorado. The company provided data from many social media websites via a single API. Regarded as one of the first social media API aggregation service, Gip called itself the :Grand Central Station for the social web". Gnip was founded by Jud Valeski and Eric Marcoullier with $1 million investment capital. At that time, the company's work was to collect data from the many social media API simultaneously, a work that was previously tedious and time-consuming. In 2008, Gnip successfully secured $3.5 million Series B funding from investors. Gnip was acquired by Twitter for $134.1 million in cash and stock.