Venture Capital
The news: Seattle startup Pendulum announced a $5.9 million seed round. The tech: Pendulum’s software is used by corporate risk intelligence groups within Fortune 500 companies to identify risks and opportunities that arise from social media and other online content. It describes its technology as “narrative-based intelligence” which scans video, audio, text, and more. “Corporate risk groups are using Pendulum to scan for narratives that could inspire community action that could influence the future of their company and to understand how to proactively engage with these narratives to reduce risks and increase opportunities,” said co-founder and CEO Mark Listes.

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