Sunday, May 19, 2013

February 2012 CyberSelection: CrunchBase



CrunchBase (www.crunchbase.com) is a free database of technology companies, people, and investors. It currently contains records for nearly 80,000 companies, over 100,000 people, and 7,000 financial organizations. CrunchBase is operated by TechCrunch (http://techcrunch.com), a popular technology news company founded in June 2005, which describes itself (on CrunchBase) as "a network of technology-oriented blogs and other web properties," and was acquired by AOL a year ago.

In the fast-moving world of technology start-ups, acquisitions, and partnering, it is no wonder that this database is largely crowdsourced, but contributions are also moderated and don't go live until a staff editor has passed them--usually within 24-48 hours of submission.

A Company Entry

CrunchBase is the ideal place to go to find out about a new company--for example, one you may read about in Cyber. Last month before I read the Media SpecScan, I knew nothing about the product Float and little about the company Scribd. So I went to CrunchBase, entered Float in the prominent search box at the top of the page, and got a few results, but nothing that looked as though it were a news product. Entering Scribd, on the other hand, lead me to a results list with Scribd company at the top. When I clicked the company name, I got a 133-word description of the company that not only told me what it does, but also highlighted 16 of its customers and partners. What a goldmine! I figured that this was probably Scribd-generated content even though it was written in the third person--it seemed objective.

Other content is available on the profile page. General Information indicates the Scribd website, blog, Twitter handle, and email address; tells me that it is classified as "Consumer Web" and described as a "Social Reading Service"; and says it was founded in March 2007 and has 40 employees. A street address is given, and you can click through to a Google map showing nearby companies. Scribd is in San Francisco, so I didn't take the time to check out the nearly 50 other companies within a three or four block radius--though I probably would do that if I were looking for a job or making a business trip to California. Six "People" were listed as associated with Scribd (co-founders and board members) as well as three "Former People"--all giving useful ways of tracking innovation. All these names are clickable; while they may not be the total group of important people for the company, they are all in the database and it is possible to find out where else they have been or are now. Funding sources, amounts, and dates are also given and lead to more entries in CrunchBase; and somehow several competitors have been identified and linked to their CrunchBase entry. Tags also accompany some records, which may facilitate finding entries when you do not know the name.

That's all in the left column of the page. Underneath the center-column company description are Milestones: two-line indications of personnel announcements or funding events, with an indication of the date they were posted (usually by an outside source), plus a link to the story at the source. The Scribd entry also presented two video clips, one from CNN Money and the second, an August 10, 2011 clip from Beet.TV with CTO and founder Jared Friedman describing the release of its Float product.

Also available on the right and bottom of the page are notifications and links to recent job announcements at Scribd, posts from TechCrunch and TechMeme, a link to an external review of Scribd, and multiple links to further sources of information.

Homepage

Back on the homepage, CrunchBase shows what's Hot on CrunchBase under tabs labeled Trending Now, Popular Pages , and In the News. When I first looked at Trending Now, it ranked and gave links to the following:
    Efficient Frontier
    Facebook
    Google
    Twitter
    Accel Partners
    Spotify
    Tagged
    Groupon
When I looked the next morning, some had been replaced by Mark Cuban, Amazon, YouTube, Mark Zuckerberg, and SCVNGR. Investigating a few, simply by clicking the name, let me explore pages for people (Mark Cuban), financial organizations (Accel Partners), and products (SCVNGR, though SCVNGR is in the company category, it describes itself as "part game, part game platform." Additional types of information populated these pages as appropriate: education, investments, screenshots, and traffic analytics. I didn't see any surprises in the Most Popular listing after I figured out that some were Russian-language social networks. In the News gives headlines and links to articles recently written by TechCrunch. A Funding Activity section lets you quickly see financial transactions under tabs for Newly Funded and Biggest Rounds. Presumably reflecting diversified investor interest, a surprising number of financial transfers went to companies outside the IT sector--biotech, pharmaceutical, and alternative energies.

Beyond Browsing

As mentioned before, my initial search on Float did not get me to the company that produced this product. However, when I re-did the search and looked further, I discovered at least 12 other pages of results. Since results are presented in no identified order, it's good that there is an Advanced Search link right next to the search box. The link clicks through to the Advanced Companies Search page (www.crunchbase.com/search/advanced/companies) and will automatically carry your query if you have left something in the simple search box. There are separate advanced search pages for financial organizations (www.crunchbase.com/search/advanced/financial-organizations), people (www.crunchbase.com/search/advanced/people), and locations (www.crunchbase.com/maps), though a link to the location search page seems to be a sometime thing.

Advanced search options are impressive. For companies, you can fill in "as little or as much information as you like" in the following fields: keywords, location (and specify within  a number of miles of the location), category (a drop-down list of 18), founding date range, and minimum/maximum number of employees. You can specify acquisitions within a date and value range, and funding within date and size ranges, and limit funding rounds to Seed, Angel, Series A, B, C, D, E, or F,  Grant, Debt, Unattributed, Any, or All.

The Advanced Financial Organizations Search page has the same general company search options, but additional investment options are offered as a range of investment dates (month and year) and a minimum/maximum number of investments. Advanced People Search offers searching on age range and keywords; allows limiting by web activity (blog or Twitter); and provides checkboxes to indicate an investor (with minimum/maximum numbers of investments) and Work Experience (having worked for a funded company, an acquired company, or multiple companies). None of these factors is defined, so it may be necessary to experiment a little to figure out the parameters. Location search presents a Google map, inviting you to select a location and specify a mileage range, which will then become populated with pushpins and the names of companies within range--there are 119 offices within 100 miles of Vermont.

Keeping Up

When you find companies or people you want to keep tabs on, you can follow them. To initiate that, however, you need to be logged in, and for that you need to register. This may or may not be simple: you can register with Facebook Connect or start a new login. I am wary of connecting everything with Facebook, so I started a new login. It took me three attempts! Even though CrunchBase sends a very clear message telling you what things need to be corrected to make your registration valid, I resisted its message telling me that my email address was already taken. I finally had to gave in, of course, but I was relieved that I won't need to go to a separate email address to retrieve my CrunchBase alerts--I just need to go to my own page on CrunchBase.  Registration also allows you to create and edit company and personal information.

So here we are, back to the issue that this database is created by the world at large. The last answer in the FAQ page (www.crunchbase.com/help/faq) provides guidelines on how to enter data in CrunchBase (I love the "Avoid marketing language" admonition). I wonder how many people get to the end of the FAQ before they write? Data is moderated by a staff editor before it goes live, and I'll bet that some hyperbole is toned down. Judging from some of the entries I saw, though, there is a lot of latitude in the type of companies that are accepted, which is probably not a bad thing.

Right below the Edit This Page link on a company, people, or financial organization page is a Revision History link. You can see who has edited a piece and when, and you can go to that revision. I could see no indication, however, of what the edits consist of.

CrunchBase is definitely worth checking whenever you have an unknown name in technology or financing, and essential for competitive intelligence in technology fields.

Susanne Bjørner provides editorial services to publishers, librarians, authors, and researchers from a base in Spain. Contact her at bjorner@earthlink.net or www.bjorner.info.





No comments:

Post a Comment