GONG!

Company Overview

Snapshot

Founded in January 2014 by Itzik Ben-Bassat and Aviv Eyal, GONG! operates with 11–50 employees. The company has raised $3 million across one funding round from 8 investors.

Business overview

GONG! is an online and mobile platform that redefines news discovery and discussion. The company's core technology provides users with bite-sized summary cards of trending stories, which can be customized with text, stickers, or memes for sharing. GONG! serves the digital media and social media markets, operating within the Media & Entertainment Technologies sector by transforming how news stories are shared and engaged with.

Strategic signal

In November 2016, GONG! announced that it had "cracked news personalization," a significant claim in the competitive digital media landscape. This suggests the company developed advanced algorithms or features to tailor news content to individual user preferences, aiming to increase engagement and retention. For investors, this signals a potential for strong user growth and a differentiated offering in a market often criticized for generic news feeds.

Company Intelligence Q&A

When was GONG! founded and by whom?

GONG! was founded in January 2014 by Itzik Ben-Bassat and Aviv Eyal.

What is GONG!'s primary business model?

GONG! operates on a B2C business model, focusing on direct engagement with individual users for news discovery and sharing.

What was a key development for GONG! in November 2016?

In November 2016, GONG! announced that it had achieved news personalization, aiming to provide users with tailored content experiences.

Which investors participated in GONG!'s funding round in November 2016?

In November 2016, GONG! received funding from investors including Ran Tushia.

What is the total capital raised by GONG!?

GONG! has raised a total of $3 million across one funding round.