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INTERNET | Internet Software & Services / News & Discussion
oximity.com

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Stage

Acquired | Acquired

Total Raised

$620K

About Oximity

Oximity is a platform where its users share news with each other. Oximity's mission is to re-engineer the news industry entirely by providing a substantive and significantly improved alternative to traditional news media as a mainstream news provider. The company does so by collecting news directly from the source, facilitating curation by readers, and distributing the news content across the internet.

Oximity Headquarter Location

33 St James’s Square

London, England, SW1Y 4JS,

United Kingdom

Latest Oximity News

London news startup Oximity bags seed money from angel investors

Jul 29, 2016

    London news startup Oximity bags seed money from angel investors (Credit: Oximity) This image file contains the company logo of London, UK-based user-generated news startup Oximity. March 27 by VCPOST Staff Reporter  User-generated news startup Oximity has received an undisclosed amount in its seed funding round. Ronnie Screwvala and K Ganesh are among the angel investors who backed this round, according to Times of India (TOI). Ganesh said of the startup: "We see this as a platform to take news to niche audiences wherever they are globally. By facilitating automatic as well as manual translation, Oximity is removing language as a barrier to the flow of news information across borders. " Co-founded by Sanjay Goel and Christian Hapke, Oximity provides its readers with user-generated news available in 180 languages. It allows users to freely write stories for their own benefit or for organizations or corporations. The site also monetizes the content and earns money through its freemium packages, the report detailed. Advertisement Launched six months ago, the website now has a network comprised of more than 2,500 writers from 200 different countries. With the help of these writers, Oximity is able to publish 700 news stories every day. The startup currently has offices in Germany, UK, US, Palestine, Moscow, and China, TOI reported. Advertisement © 2016 VCPOST, All rights reserved. Do not reproduce without permission. Advertisement Tags

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