Company: Pinnacor Inc
Industry: Media and Information
Investors: Oppenheimer Enterprise Fund, GE Pension Trust, American Fund Advisors, Inc., Van Wagoner Capital, Seligman New Technologies Fund, Inc., Seligman Communications and Information Fund, Windfield Capital, US Development Capital Investment Co., AMCITO Partners LP, and RMG.
Pinnacor Inc. (acquired by Marketwatch in 2003), formerly ScreamingMedia, is a provider of information and analytical applications to financial services companies and global corporations. The company delivers customized information assets, applications and tools that help businesses reduce costs through outsourcing and drive new revenue streams.
Pinnacor’s solutions encompass market data and investment analysis tools for financial services firms; critical business information for the enterprise; and personalized portal applications and messaging services for wireless carriers and ISPs.
The company counts Barclays Global Investors, U.S. Bancorp Piper Jaffray, Tribune Media Services, Virgin Mobile and Verizon Wireless among its clients. Headquartered in New York City, the company also has offices in San Francisco, Calif.; Coralville, Iowa; London, U.K.; and Jerusalem, Israel.