socalTECH

AUGUST 25, 2021

Los Angeles-based involve.ai, a startup developing artificial intelligence-based customer retention software, said today that it has raised $16M in its Series A funding round. The company said the new funding will go to scale product development. The company said the new funding will go to scale product development.

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socalTECH

SEPTEMBER 10, 2018

Los Angeles-based private equity investor Shamrock Capital reports this morning that it has led a $30M investment in Pixellot , an Israeli firm developing automatic, artificial intelligence-driven software for producing streaming sports video. Pixellot has now raised more than $40M in funding. READ MORE>>.

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socalTECH

JUNE 30, 2021

Los Angeles-based Retina, a startup that is using artificial intelligence for predicting customer lifetime value, said on Tuesday tht it has raised $8M in a Series A funding round. The funding came from Alpha Intelligence Capital and Vertical Venture Partners. Retina is led by co-founder and CEO Emad Hasan.

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socalTECH

JANUARY 28, 2020

According to ServiceNow, the deal will help it advanced its own artificial intelligence capabilities, including the addition of support for all major languages on its platform. Passage AI was founded in 2016 and had received funding from Blumberg Capital, Storm Ventures, Engineering Capital, 11.2

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socalTECH

JANUARY 9, 2018

The company has now raised over $30M in funding. According to REX co-founder and CEO, Jack Ryan, it has developed a technology platform which helps homeowners sell their homes, without going through a traditional agent or MLS. The company only charges a 2 percent, flat free.

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socalTECH

JULY 16, 2019

Carlsbad-based Source Intelligence , which provides supply chain compliance software, has raised new funding, the company announced this morning. The Series B funding came from Source Capital Partners and Kayne Capital Partners, as well as "local banks". Amount of the new funding was not announced. READ MORE>>.

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socalTECH

AUGUST 7, 2019

Carlsbad-based Ezoic , a developer of artificial intelligence software for the digital publishing market, has raised $33M in a funding round, the company said this week. The funding came from Sageview Capital. the company said it will use the funding to expand its platform. READ MORE>>.

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socalTECH

FEBRUARY 6, 2019

AlphaTrAI says it has developed artificial intelligence software which can pick, trade, and manage stocks better than humans. According to the startup, it has been running its software for the last three years, with its algorithms achieving a 58 percent average annual return on capital--consistently outperforming the S&P 500.

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socalTECH

NOVEMBER 2, 2021

DGene, a content creation company which has a team in Los Angeles, but is based in San Jose, says it has raised $20M in a Series A funding. The company said it is building software "to expand creativity and redefine virtual production and immersive entertainment". The funding was led by Alibaba Group.

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socalTECH

APRIL 8, 2020

Satna Barbara-based MixMode , a developer of artificial intelligence cybersecurity software, announced on Tuesday that it has raised $4M in its Series A funding round. The company said the new funding will go to expand its platform and to fuel growth.

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socalTECH

OCTOBER 27, 2020

Santa Barbara-based Theta Lake , a developer of security and compliance software which connects with Cisco Webex, Microsoft Teams, RingCentral, Zoom and other collaboration platforms, has raised $12.7M As part of the funding, Lightspeed's Arif Janmohamed joins the company's board. The company's seed funding was in January of 2019.

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socalTECH

NOVEMBER 16, 2018

Cylance, develops artificial intelligence-based cybersecurity software, which detects and reacts to cybersecurity threats. The company was founded in 2012, and was venture backed by Blackstone Tactical Opportunities, Dell Technologies Capital, Citi Ventures, and Insight Venture Partners, among others. READ MORE>>.

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socalTECH

DECEMBER 15, 2020

Westlake Village-based Eta Compute , a developer of technology for energy efficient artificial intelligence processing, has raised $12.5M The company says it has now raised $31.9M in a Series C funding. The funding was led by Synaptics Incorporated, as well as existing investors. Eta Compute is led by CEO Dr. Ted Tewksbury.

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socalTECH

NOVEMBER 8, 2017

Santa Barbara-based TrackStreet , a developer of software to help manufacturers monitor their channel and e-commerce sites--and in particular, minimum-advertising-price (MAP) policies--has raised $2M in seed funding, the company said Wednesday.

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socalTECH

JUNE 14, 2018

The publicly held company said it will pay Prime plus 3% on its receivable facility agreement (currently, 7.75%), and an interest rate on the term loan is 9.75% and will float with Libor when north of 2% (currently, 9.10%). READ MORE>>.

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socalTECH

MAY 25, 2018

Greycroft Ventures , which has a big presence in Los Angeles, has backed Silicon Valley-based BlueCart , a developer of machine learning software and other tools for the hospitality industry, to the tune of $5M. BlueCart said this week that it raised $5M in its Series B-1 funding, bringing its total raised to $22M.

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SoCal Tech Calendar

JUNE 7, 2016

Los Angeles-based Armorway , which develops data analytics software which uses artificial intelligence (AI) for cybersecurity response, has raised $2.5M in a seed funding round.

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Artificial Inteligence Platform Southern California Seed Funding 100

socalTECH

FEBRUARY 2, 2018

Irvine-based Bitvore , the big data, artificial intelligence, and data analytics startup, has upped its latest funding round to $14.2M, as part of what appears to be an ongoing $17.75M funding effort. The company's CEO, Jeff Drake, was a founder at Access360 (acquired by IBM), and also served at IBM, Akana, and ServiceMesh.

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socalTECH

AUGUST 18, 2014

The startup--which was co-founded by Kenny Daniel, who was recently pursuing a PhD in Artificial Intelligence at USC--says that it has created an online platform to let software engineers find different algorithms for us. The funding came from Madrona Venture Group, Rakuten Ventures, Deep Fork Capital, and angels.

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socalTECH

APRIL 17, 2019

Los Angeles- and Austin-based Slingshot Aerospace , which develops artificial intelligence software that automatically processes large amounts of imagery data collected by drones, satellites, and aircraft, has raised another $5M, in a new seed funding round. READ MORE>>.

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socalTECH

MAY 13, 2021

San Diego-based Mindera, a startup developing a system that predicts patient response to psoriasis treatments, has raised $12M in a Series A-2 financing, according to the company. The funding came from Mountain Gro, up Partners, Rockmont Investments, and Scientific Health Development.

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Tech.Co

JULY 12, 2017

What you might not realize is that the adorable droid was the brain child of Sphero, a robotics and digital technology company and an alumni to the Disney Accelerator program. “This year, more than ever, we are working with companies with the potential to help define the future of media and entertainment together with Disney.”

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Artificial Inteligence Startup Entertainment Press 108

socalTECH

AUGUST 23, 2016

Newport Beach-based Veritone , which is developing artificial intelligence software used for sentiment analysis for media firms, political campaigns, corporations, and the government, said it has closed on a $50M funding agreement. The funding comes from Acacia Research.

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TechCrunch LA

NOVEMBER 8, 2022

A proliferation of startups is now trying to devise applications for this new class of language model , where the machine is capable of creating new text, images and videos based on simple human input. The platform is going after marketers with a Canva-style drag-and-drop interface.

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socalTECH

JANUARY 7, 2016

Emotient, which was backed by Handbag and Intel Capital, had developed applications for Google Glass and other platforms to be able to tell what a person was feeling based on their facial expression.

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Artificial Inteligence San Diego Google Software Development 100

socalTECH

OCTOBER 23, 2019

Los Angeles-based Triller , which operates a social video sharing service which competes against TikTok, has raised $28M in a Series B funding round, the company said on Wednesday. In conjunction with the funding round, Triller said it has acquired UK-based MashTraxx , a developer of a machine learning platform for music and video editing.

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socalTECH

MARCH 12, 2019

Two of the hottest sectors in the market today for investments and startups are in the area of machine learning/big data and advancements in automotive technology. At the intersection of those two is Los Angeles-based Connected Travel (www.connectedtravel.com), the startup which is behind Honda's Drive Drive platform.

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TechCrunch LA

JANUARY 14, 2019

Brud , the company behind the virtual celebrity Lil Miquela , is now worth at least $125 million thanks to a new round of financing the company is currently closing. Last year the company scored at least $6 million from investors, including Sequoia Capital , BoxGroup and other, undisclosed, investors. million followers.

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Social Media Content Media Artificial Inteligence 261

socalTECH

DECEMBER 30, 2015

Today, we have the thoughts of Jeb Spencer of TVC Capital (www.tvccapital.com), a software focused growth equity fund which just raised a new fund, and has had some great success in the market. TVC Capital has also been a big supporter of socaltech over the years. What was the biggest lesson you learned over the past year?

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Capital Beverly Hills Artificial Inteligence Equity 100

Startup Professionals Musings

MAY 29, 2019

From meager beginnings selling books online back in 1994, Amazon is currently the largest e-commerce retailer and cloud computing platform in the world, and now dominates even the giant Walmart. A platform is a business model and capability that can be accessed and customized by external users. Do what Amazon is doing.

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TechCrunch LA

APRIL 8, 2021

In a small industrial park located nearly halfway between Los Angeles and San Diego, one company is claiming to have hit a milestone in the development of a new technology for generating power from nuclear fusion. Now, the company said, it has achieved the necessary temperatures to make its reactors commercially viable.

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Tech.Co

DECEMBER 28, 2022

Only companies with cutting-edge concepts and crystal-clear market strategies stand a chance of surviving through their first year, let alone making a profit. From state-of-the-art clean energy solutions to breakthrough podcasting platforms, here are six tech startups you should be keeping an eye on in 2023, and beyond. Valar Labs.

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TechCrunch LA

DECEMBER 19, 2018

Earlier this year, Embodied announced a $22 million round for its personal robotics platform focused on healthcare and wellness, while InVia Robotics collected $20 million for its own take on the robotics industry. That was around 2017, when the two first began brainstorming how they would build their company.

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Tech.Co

JANUARY 9, 2018

Near the nation’s capital, Arlington, VA has a thriving startup community that supports female-led companies, startups in STEM, cyber security, defense, and everything in between aimed at improving the status quo. Deep Learning Analytics. They also build deep learned-based products for IoT devices.

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socalTECH

FEBRUARY 24, 2020

We casught up with CEO Jay Ackerman to learn more about the company, its market, and how the company is looking to help its customershealth plans and managed care organizations--with risk management and quality improvement using technology. What are you biggest challenges and goals now as a company? What is Reveleer?

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TechCrunch LA

MAY 25, 2019

Last week, I wrote about an alternative to venture capital called revenue-based financing and before that, I jotted down some notes on one of VCs’ favorite spaces: cannabis tech. Enter Seedlip , a non-alcoholic spirits company, for example. Automattic acquires subscription payment company Prospress.

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Startup Venture Capital Newsletter Tips 223

TechCrunch LA

JULY 23, 2019

Mumbai-based Haptik, which operates a conversational AI platform , has already won several high profile clients in India. Now the five-year-old firm, with newly found significant capital in the bank , is attempting to replicate its success in international markets. 60% of all software is bought in the U.S.,

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