Trapit

Trapit
Industry Social Selling
Employee Advocacy
Founded 2011
Headquarters Portland, Oregon and Palo Alto, California
Key people
 Henry Nothhaft, Jr.
(CEO)
Bill Harris
(VP of Sales)
Tommy Ziemer
(VP of Product)
Parent SRI International[1]
Website trap.it

Trapit is a comprehensive content curation service for business that offers content discovery, curation, and publishing to web, iPad, and social channels through its web application. Trapit's mission is to help customers engage their audiences through quality curated content. The application pulls from text and video sources and offers built-in analytics and social scheduling tools. Trapit is a spin-off of SRI International that uses SRI's CALO technology (the basis for Apple's Siri) to help users discover and publish content.[2][3][4] It has acquired about $6.2 million in venture capital funding.[5]

History

Trapit is based on the CALO News Assistant, a prototype system intended to help military personnel filter through news and blog posts.[2] It was initially announced in June 2011, under an initial closed beta until November 2011.[2][6] In 2011, Trapit raised $5.6 million in venture capital, including from Horizons Ventures, who also invested in Siri.[7] An early feature request involved easy Pinterest integration, as the latter service was sending Trapit a significant amount of traffic.[6]

While the service was initially only usable via a desktop, the company released a free iPad app in July 2012, with a significant redesign released in August 2012. As of August 2012, while iPad users were less than 50% of Trapit's total user base, they were responsible for 84% of the usage of service's usage.[1][8]

The company moved to acquire paying customers, and the first, announced in September 2012, was the Malaysian media conglomerate Astro. Astro also invested an additional $1.9 million into Trapit.[9] In April 2013, Trapit launched their "Publisher Service" so that app developers can use their own content and create personalized article suggestions using the same underlying technology.[10][11] In September 2013 Trapit announced its Content Curation Center, which is an all-in-one application designed for publishers and marketers. Brands can use the CCC to discover high-quality content from Trapit's database of over 100,000 sources, curate and refine that content based on interest, and then easily publish content to a branded web app, iPad app, or social channels.[12] In May 2014, Trapit launched a newly designed user experience for the Trapit product and eliminated the name Content Curation Center, simplifying the product to be called Trapit. The new product includes built-in analytic capabilities and the ability to pull content from video sources.

References

  1. 1 2 "Ventures: Trapit". SRI International. Retrieved 2013-05-17.
  2. 1 2 3 Roush, Wade (2011-10-21). "From the Lab that Brought You Siri, It's Trapit—A Personalized Discovery Engine". Xconomy. Retrieved 2013-05-17.
  3. ↑ Roush, Wade (2012-11-27). "Trapit Adapts AI-Driven Personal Search for Paying Customers". Xconomy. Retrieved 2013-05-17.
  4. ↑ Dvorak, John C (2011-11-16). "Trapit, the Non-Search Engine". PC Magazine. Retrieved 2013-05-17.
  5. ↑ "Trapit". Angel.co. Retrieved 2013-05-17.
  6. 1 2 Olanoff, Drew (2012-02-07). "Pinterest integration turns content discovery site Trapit into a pinner's dream". TheNextWeb. Retrieved 2013-05-17.
  7. ↑ "Form D: Notice of Exempt Offering of Securities: Trapit". United States Securities and Exchange Commission. 2011-11-03. Retrieved 2013-05-17.
  8. ↑ Olanoff, Drew (2012-08-14). "Siri's sister company Trapit debuts its redesigned iPad app and other newsreaders are in trouble". TheNextWeb. Retrieved 2013-05-17.
  9. ↑ Ha, Anthony (2012-09-24). "Asian TV Conglomerate Astro Signs On To Trapit's Personalization Platform, Invests $1.9M". TechCrunch. Retrieved 2013-05-17.
  10. ↑ Bea, Francis (2013-04-03). "Trapit Launches Publisher Suite So That All Apps Can Become News Reader Apps". Digital Trends. Retrieved 2013-05-17.
  11. ↑ Grant, Rebecca (2013-04-03). "Content-recommendation app Trapit grows up, enters formidable world of publishing". VentureBeat. Retrieved 2013-05-17.
  12. ↑ Frank, Erica. "Trapit Introduces New Content Curation Solution for Marketers". Business Wire. Business Wire. Retrieved 6 February 2014.
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