<s>
Gnip	B-Application
,	O
Inc	O
.	O
was	O
a	O
social	O
media	O
API	B-General_Concept
aggregation	O
company	O
that	O
was	O
purchased	O
by	O
Twitter	B-Application
in	O
2014	O
.	O
</s>
<s>
Headquartered	O
in	O
Boulder	O
,	O
Colorado	O
,	O
it	O
provided	O
data	O
from	O
dozens	O
of	O
social	O
media	O
websites	O
via	O
a	O
single	O
API	B-General_Concept
.	O
</s>
<s>
Gnip	B-Application
was	O
among	O
the	O
first	O
social	O
media	O
API	B-General_Concept
aggregation	O
services	O
.	O
</s>
<s>
Gnip	B-Application
is	O
known	O
as	O
an	O
early	O
influencer	O
in	O
building	O
the	O
real-time	O
web	O
.	O
</s>
<s>
The	O
company	O
has	O
also	O
been	O
instrumental	O
in	O
defining	O
relevant	O
web	O
standards	O
:	O
Gnip	B-Application
's	O
co-founder	O
Eric	O
Marcoullier	O
actively	O
advocated	O
for	O
adoption	O
of	O
open	O
web	O
standards	O
,	O
and	O
helped	O
define	O
the	O
new	O
Activity	B-Application
Streams	I-Application
format	O
for	O
web	O
data	O
.	O
</s>
<s>
Subsequent	O
to	O
a	O
2010	O
data	O
licensing	O
agreement	O
with	O
Twitter	B-Application
Inc	O
,	O
Twitter	B-Application
purchased	O
Gnip	B-Application
in	O
April	O
2014	O
.	O
</s>
<s>
Gnip	B-Application
was	O
founded	O
by	O
Jud	O
Valeski	O
and	O
Eric	O
Marcoullier	O
with	O
an	O
initial	O
investment	O
of	O
$1million	O
.	O
</s>
<s>
The	O
company	O
was	O
based	O
on	O
the	O
premise	O
that	O
collecting	O
data	O
from	O
many	O
social	O
APIs	B-General_Concept
simultaneously	O
is	O
tedious	O
and	O
time-consuming	O
.	O
</s>
<s>
By	O
the	O
end	O
of	O
2008	O
,	O
Gnip	B-Application
had	O
raised	O
$3.5	O
million	O
in	O
Series	O
B	O
funding	O
from	O
investors	O
such	O
as	O
the	O
Foundry	O
Group	O
and	O
First	O
Round	O
Capital	O
.	O
</s>
<s>
The	O
service	O
was	O
used	O
for	O
projects	O
like	O
collecting	O
huge	O
volumes	O
of	O
data	O
for	O
analyzing	O
Twitter	B-Application
clients	O
.	O
</s>
<s>
In	O
2009	O
,	O
Gnip	B-Application
launched	O
a	O
Push	O
API	B-General_Concept
.	O
</s>
<s>
In	O
September	O
,	O
Gnip	B-Application
underwent	O
a	O
significant	O
product	O
overhaul	O
accompanied	O
by	O
an	O
internal	O
restructuring	O
of	O
resources	O
.	O
</s>
<s>
In	O
2010	O
,	O
Gnip	B-Application
launched	O
their	O
new	O
and	O
revised	O
social	O
media	O
data	O
collection	O
product	O
and	O
released	O
a	O
manual	O
describing	O
use	O
cases	O
and	O
significance	O
of	O
Twitter	B-Application
Inc	O
's	O
streaming	O
API	B-General_Concept
.	O
</s>
<s>
Gnip	B-Application
's	O
sources	O
included	O
Twitter	B-Application
,	O
Facebook	B-Application
,	O
YouTube	B-General_Concept
,	O
Flickr	B-Algorithm
,	O
Google	B-Application
Buzz	I-Application
,	O
Vimeo	O
,	O
and	O
others	O
.	O
</s>
<s>
In	O
April	O
2014	O
,	O
Gnip	B-Application
was	O
acquired	O
by	O
Twitter	B-Application
for	O
$134.1	O
million	O
in	O
mostly	O
cash	O
and	O
some	O
stock	O
.	O
</s>
