Google's Machine Learning Tools Used To Identify LA Potholes
socalTECH
JANUARY 16, 2019
Machine learning and artificial intelligence are two of the biggest buzzwords in technology today--but how are they being used to help you in everyday life?
AT&T Ramps Artificial Intelligence Efforts
socalTECH
OCTOBER 30, 2017
AT&T --which has been ramping its operations and presence in the tech world in Los Angeles--said today that it is unveiling a new artificial intelligence (AI) platform called Acumos. The new, open-source platform is aimed at enabling programmers and researchers to more easily develop machine learning and AI software.
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Techstars Names New Los Angeles Accelerator Class
socalTECH
JULY 17, 2017
Techstars Los Angeles has just named the ten companies that will be joining the startup accelerator for its 2017 class, saying its theme this year was "going long on LA and southern California". READ MORE>>.
Qulab Applies Artificial Intelligence To Drug Design
socalTECH
APRIL 24, 2019
Los Angeles-based Qulab , a biopharmaceuticals startup developing artifical intelligence software aimed at small molecule drug design, said on Wednesday that it has launched its first product, Quleap. He also attended USC's Viterbi School of Engineering as a Ph.D.
Retina Launches AI, Machine Learning Tool For E-commerce Companies
socalTECH
JUNE 25, 2019
Los Angeles-based Retina , a startup which develops machine learning and artificial intelligence software for predicting customer lifetime value (CLV) of a company's customer, said it has launched a new tool that it is offering up to small to middle-market e-commerce businesses.
Seed Health Acquires Auggi
socalTECH
FEBRUARY 8, 2021
Los Angeles-based Seed Health, which is focused on microbial sciences, says it has acquired Auggi, a digital health company which develops artificial intelligence and machine learning software to track and analyze digestive health. Financial details of the acquisition were not announced.
Los Angeles-based ‘deep tech’ investment firm Riot Ventures is raising a $75M fund
TechCrunch LA
FEBRUARY 13, 2020
Riot Ventures , the Los Angeles-based, early-stage and deep technology investment firm is going out to market to raise a $75 million second fund to finance the development of startups in LA and beyond, according to fundraising documents viewed by TechCrunch. Marcus has a long background in angel investing and company creation.
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Techstars Los Angeles Launches 2019 Class
socalTECH
JULY 17, 2019
Techstars Los Angeles , one of the startup accelerators run by Techstars in Los Angeles, has announced its 2019 class. Techstars Los Angeles said that eight of the ten companies are based in the greater Los Angeles area; the effort in LA is led by Anna Barber.
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AWS Opens New Los Angeles Zone
socalTECH
DECEMBER 4, 2019
Amazon Web Services (AWS), the cloud computing service of Amazon, has launched anew Los Angeles zone, which will give local customers and companies much faster access to the AWS cloud. READ MORE>>.
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Elementary Picks Up $30M For Manufacturing AI
socalTECH
DECEMBER 17, 2021
Los Angeles-based Elementary, which is developing artificial intelligence, machine vision software for the manufacturing industry, said Thursday that it raised $30M in its Series B funding. Elementary is focusing its machine learning and artificial intelligence efforts on automating inspections in manufacturing.
Postie Raises $3.5M To Apply Machine Learning To Direct Mail
socalTECH
JULY 3, 2018
Los Angeles-based Postie , a new startup focused on using machine learning and "quant marketing" to direct mail, said on Tuesday that it has raised $3.5M Postie says its tools use machine learning to provide automation of direct mail, handling everything from testing and optimization to audience modeling and attribution.
TeleSign Adds Machine Learning For Fraud Scoring
socalTECH
OCTOBER 7, 2016
Los Angeles-based TeleSign , which powers the phone-based verification and authentication systems of many top tier Internet e-commerce and web services providers, said on Thursday that it has begun using machine learning in its fraud intelligence software, TeleSign Score.
Elementary Robotics raises cash to expand in Los Angeles’ growing robotics hub
TechCrunch LA
DECEMBER 19, 2018
million in seed funding to begin building a manufacturing facility and expand its presence in Los Angeles as the city continues to grow as a hub for robotics and automation. . “Los Angeles is a great place for this, because we have a close relationship with Caltech and JPL,” according to Gross.
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How ZestFinance Is Using Machine Learning to Reshape Lending, with Jay Budzik
socalTECH
APRIL 10, 2019
One of the hottest sectors of the technology startup market today is the use of artificial intelligence, big data, and machine learning across many different sectors including finance. One Los Angeles company, ZestFinance (www.zestfinance.com), has been working in this area for a few years.
Halla Finds $1.4M For Online Grocery Personalization
socalTECH
MAY 15, 2019
A brand new, Los Angeles-based artificial intelligence startup, Halla , announced on Wednesday that it has raised $1.4M The startup says it uses machine learning to help online grocers increase order volume and frequency, helping consumers with such efforts as food discovery and making smarter food choices.
Ferret Finds $4M For AI Tools
socalTECH
AUGUST 23, 2021
Los Angeles-based Ferret, a startup working on artificial inteligence software to help people determine who they can trust, has raised $4M in a seed funding round, according to the company. The company said it is developing machine learning algorithms which help users determine who they can trust in real time.
Greycroft Leads $6.3M Funding In Frame AI
socalTECH
APRIL 15, 2020
Los Angeles-based venture investor Greycroft , which has made investments in such companies as AwesomenessTV, Maker Studios, Sometrics, Venmo, and others, is one of the lead investors in New York-based Frame AI. Frame AI said this morning that it raised $6.3M
Unity Influence Gets $1M For Influencer Marketing
socalTECH
OCTOBER 16, 2017
Los Angeles- and South San Francisco-based Unity Influence , a developer of influencer advertising software, has raised $1M in funding, according to the company. Unity Influence is using machine learning and artificial intelligence tools to connect advertisers with "micro-influencers".
March Capital Leads $15.5M Round In AI Startup
socalTECH
APRIL 23, 2019
Los Angeles-based March Capital is the lead investor in an artificial intelligence startup, which is aiming at improving employee service, as it further continues its theme of investing in big data, artificial intelligence, and machine learning startups in the enterprise.
Influential Adds $12M For Influencer Discovery
socalTECH
JUNE 14, 2018
Los Angeles- and Las Vegas-based Influential , which operates a service to help match brands with influencers, has raised $12M more in a Series B funding, the company disclosed today. The funding came from Capital Zed, ECA Ventures, Paradigm Talent Agency, ROAR, the Tech Coast Angels, plus WME. READ MORE>>.
Zefr Selected For Expanded YouTube Program
socalTECH
APRIL 21, 2020
Los Angeles-based Zefr , which develops software used by brands advertising on YouTube, says it has been selected for an expanded YouTube Measurement Program (YTMP).
Tinder Users Turn To AI To Woo Prospects
socalTECH
DECEMBER 19, 2022
According to a report from Mashable, users of Los Angeles-based dating-and-hookup-app Tinder are using the new, artificial intelligence (AI) software, ChatGPT, to.
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India’s Haptik acqui-hires Los Angeles startup Convrg in international expansion push
TechCrunch LA
JULY 23, 2019
On Tuesday, Haptik announced it has acqui-hired Convrg, a Los Angeles-based startup that develops chatbots, to serve customers in North America. Now the five-year-old firm, with newly found significant capital in the bank , is attempting to replicate its success in international markets.
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Slingshot Aerospace Wins $6M Air Force Award
socalTECH
APRIL 23, 2019
Los Angeles- and Austin-based Slingshot Aerospace , the venture-backed developer of artificial intelligence software for processing satellite, aerial, and drone imaging, said this morning that it has won a $6M contract award, from the Air Force Space and Missile Systems Center (SMC). READ MORE>>.
Disney Accelerator Demo Day: Artificial Intelligence, 3D Printing, More
socalTECH
OCTOBER 8, 2015
The Disney Accelerator , held its Demo Day for its second class on Thursday, showing off ten companies to a theater packed full of venture and angel investors. A number of the companies--showing off one huge advantage of being involved in a program run by Disney--announced deals with Disney properties to use their technology and products.
ZestFinance In Test With Freddie Mac
socalTECH
SEPTEMBER 24, 2019
Los Angeles-based fintech startup ZestFinance appears to be on the cusp of a deal with housing finance giant Freddie Mac , according to a report today in the WSJ. ZestFinance is using machine learning and artificial intelligence to make more accurate credit decisions.
Leveraging Machine Learning and Data Science to Drive Business Results
SoCal Tech Calendar
NOVEMBER 10, 2017
Thursday, November 16, 2017 -- Leveraging Machine Learning and Data Science to Drive Business Results. AITP Los Angeles and Technology Council of Southern California. The new technology landscape with origins in data science opens many new possibilities.
Pearl Picks Up $11M To Apply AI Vision To Dental Industry
socalTECH
MAY 9, 2019
Los Angeles-based Pearl , the machine learning startup which was spun out of advertising AI software startup GumGum , has raised $11M in a funding round, which came from Craft Ventures, as well as un-named strategic investors.
Pritzker Group Increases Staff in Los Angeles to Hunt Early Stage Deals
L.A. Business Journal
NOVEMBER 29, 2016
Partner Gabe Greenbaum and Vice President Peter Liu have relocated from the firm’s Chicago office to Los Angeles. Pritzker is particularly interested in investing in enterprise, consumer tech, healthcare IT software, as well as emerging technologies such artificial intelligence, internet of things, virtual reality.
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Pritzker Group Boosts Focus On Los Angeles Startups, Moves Partner To LA
socalTECH
NOVEMBER 29, 2016
Chicago-based venture capital investor Pritzker Group Venture Capital announced this morning that it is expanding its efforts to invest in early stage companies in Los Angeles, and has moved partner Gabe Greenbaum to Los Angeles. Greenbaum had been based at Pritzker's home office in Chicago.
Snap accelerator names its latest cohort
TechCrunch LA
FEBRUARY 19, 2020
Nuggetverse — Los Angeles-based Nuggetverse is creating a children’s media business based on its marquee character, Tubby Nugget. TRASH — using this machine learning-based video editing toolkit, users can quickly create and edit high-quality, short-form video.
ringDNA Adds AI-Powered Sales Coaching
socalTECH
NOVEMBER 13, 2019
Los Angeles-based ringDNA , which develops artificial intelligence software for the sales market, has added a new sales coaching product that uses artificial intelligence to help improve sales teams.
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187 XPRIZE Launches New $10M Prize, The Rainforest XPRIZE
socalTECH
NOVEMBER 19, 2019
Los Angeles-based XPRIZE announced a brand new competition, the $10M Rainforest XPRIZE. The organization suggested that using such technologies as robotics, remote sensing, data analysis, artificial intelligence, and machine learning might be useful in this area. READ MORE>>.
MeetKai Ties With LA Chargers
socalTECH
DECEMBER 12, 2022
Los Angeles-based conversational artificial intelligence (AI) software developer MeetKai said this morning that it has partnered with the Los Angeles Chargers. According to the company, it has become the "Official AI partner" of the Chargers. Financial details of the deal were not announced.
MSBAI Snags $1M Contract From USAF
socalTECH
JULY 20, 2021
Los Angeles-based startup MSBAI, which is developing artificial intelligence tools for assisting in engineering reports it has received a $1M US Air Force grant.
TenOneTen Ventures Backs Probably Genetic
socalTECH
JUNE 19, 2019
Los Angeles-based venture investor TenOneTen Ventures is one of the investors in a newly launched startup, which is looking to use artificial intelligence and DNA testing to identify autism and other medical conditions. The startup recently graduated from Y Combinator, and is based in the Bay Area.
Arianna Huffington’s Thrive Global is buying a startup that uses neuroscience to boost app usage
TechCrunch LA
OCTOBER 16, 2019
Now, Thrive Global is adding a tech tool to its arsenal of cognitive behavioral therapies with the acquisition of the Los Angeles-based startup, Boundless Mind. “We were very impressed by their neuroscience-based artificial intelligence that they used to power changes in behavior,” says Huffington.
Fairway Technologies Buys IT Strategists
socalTECH
MARCH 26, 2019
San Diego-based Fairway Technologies , a provider of consulting services in the IT area, said it has acquired Los Angeles-based IT Strategists , a provider of big data and data-driven IT consulting. Financial terms of the acquisition were not announced. READ MORE>>.
Zest AI Signs Up Credit Union
socalTECH
JANUARY 13, 2022
Los Angeles-based Zest AI, which develops artificial intelligence software for lending, said it has signed up a Florida credit union as a customer. The company said Addition Financial Credit Union has $2.6 billion in assets and 162,000 members across Florida. Financial details of the win were not announced.
Camino Financial Collects $8M
socalTECH
DECEMBER 11, 2019
Los Angeles-based Camino Financial , a fintech startup offering up small business loans to Latinx businesses, announced an $8M funding round this morning, its Series A. The company said it is using machine learning models to make credit and other financial products available to those entrepreneurs.
Whistle Adds AI Modules
socalTECH
DECEMBER 9, 2019
Los Angeles-based Whistle , which develops a software platform for hotels to text message their guests, said this morning that it has added new artificial intelligence capabilities to its software.
Omnidya Names CTO
socalTECH
APRIL 1, 2020
Los Angeles-based artificial intelligence software developer Omnidya announced this morning that it has named Akshay "Ed" Vachhani as its Chief Technology Officer. Omnidya says it is using artificial intelligence to develop an IoT product used for home and auto insurance. READ MORE>>.
Going long on LA, India, AI and tech infrastructure March Capital raises $300 million
TechCrunch LA
JANUARY 24, 2019
March Capital Partners , the Los Angeles-based venture capital firm, has raised $300 million for its latest fund. ” Those two themes are borne out in the support March Capital has provided for The Hive , an artificial intelligence-focused incubator, and The Fabric , an infrastructure and internet of things-focused incubator.
Stage Venture Partners Moves Into InvestCloud Innovation Center
socalTECH
AUGUST 31, 2017
Los Angeles-based fintech startup InvestCloud and seed-stage venture capital fund Stage Venture Partners have announced a new collaboration, where Stage will move into InvestCloud's "Innovation Center" in Los Angeles. Stage says it recently raised its second fund. READ MORE>>.
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