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Friday, 8th April 2011 | Last update: 11:00 am

Summify launches, receives first round of Funding

Summify, a social media company founded by former Google and Microsoft Interns Mircea Pasoi and Cristian Strat, launched late last week in Vancouver, and is now backed by its first round of seed funding. Investors include Accel Partners, Rob Glaser (RealNetworks), Stewart Butterfield (Flickr, Tiny Speck), Steve Olechowski (Google, FeedBurner), and Canadian super angel Boris Wertz.


Summify distills the social web, boiling down the torrent of daily information from Facebook, Twitter and Google Reader into a summary of the top five or ten most important and relevant stories that day. A summary arrives in email or on the web, with mobile coming soon.

Summify is based on an algorithm that analyzes what people you interact with most, what stories your friends are sharing most, and global reaction in social media to important stories worldwide.


Rob Glaser said, “Most people would say that they only see a fraction of what they are following on the social web. There’s a lot of good stuff, but also a lot of noise. Filtering out the noise and finding the signal is a huge problem that nobody else has been able to effectively address. Based on using Summify and working with Mircea and Cristian for the past 3 months, I think they’ve created a breakthrough product.”


“Mircea and Cristian are both very talented young programmers with the business brains required to do something amazing with their ideas. They are also a strong addition to the growing tech community here in Vancouver,” said Tiny Speck CEO and Summify investor Stewart Butterfield.


Summify Co-Founder Mircea Pasoi said, “Summify is a way for people to look at less information, spend much less time doing it, and get more out of it. We believe we are solving a fundamental social media problem for consumers. We really value the support of our investors and advisors in this endeavor.”




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