Text-to-content specialist Narrative Science raises $11.5M

Narrative Science, a startup that turns complex text documents into reports or articles that are supposed to resemble something written by a human being, has raised an $11.5 million series C funding round. News organizations have already used the company’s software to turn sports stats or corporate earnings statements into articles, but it has potential anywhere someone is trying to analyze loads of text documents. CIA-backed venture capital firm In-Q-Tel invested in Narrative Science in June.

Are robots and content farms the future of the news?

The Chicago Tribune has laid off most of its hyper-local unit and hired what some describe as a “content farm,” while other outlets are using content that is generated by algorithms. Is this the future of news, and if so should we be happy about it?