socalTECH

FEBRUARY 9, 2018

Carlsbad-based NextWave Ventures , a venture capital investor which focuses on commercializing early stage technology, said it has launched a new artificial intelligence start, Apical Technology. Size of the investment in Apical Technology was not announced. READ MORE>>.

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socalTECH

JANUARY 23, 2020

San Diego-based Kneron , a developer of artificial intelligence software, has raised $40M more in Series A funding, from investor Horizons Ventures. The company also has raised funding from Alibaba Entrepreneurs Fund, CDIB, Himax Technologies, Qualcomm, Thundersoft, and Sequoia Capital.

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socalTECH

MAY 16, 2018

San Juan Capistrano-based OspreyData , a developer of data analytics software used for the oil and gas business, says it has raised $5M in a series A funding round. Osprey Data uses machine learning and artificial intelligence technology to help optimize oil and gas production, monitor oil well status, and more.

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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. ” TAE Technologies Michl Binderbauer standing next to the company’s novel fusion reactor. .”

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socalTECH

JANUARY 28, 2020

ServiceNow , the developer of information technology service management software which has major operatinos in San Diego, has acquired Mountain View-based Passage AI , a developer of conversational AI tools. Passage AI was founded in 2016 and had received funding from Blumberg Capital, Storm Ventures, Engineering Capital, 11.2

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socalTECH

OCTOBER 7, 2021

San Diego-based Gretel.ai, a startup which is developing privacy technology, has raised $50M in a Series B funding, the company said today. The funding was led by Anthos Capital, and also included Section 32, Greylock, and Moonshots Capital. According to the company, it has now raised $65.5M. is led by CEO Ali Golshan.

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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.

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socalTECH

FEBRUARY 16, 2016

Irvine-based cybersecurity software developer Cylance said today that it has entered into a strategic partnership with In-Q-Tel , the investment arm of the U.S. intelligence community. The company said the agreement will support further development of its artificial intelligence and machine learning technology.

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socalTECH

JULY 16, 2021

San Diego-based Entos, a developer of artificial intelligence and automated synthetic development technology for designing small-molecule therapeutics, has raised $53M in a Series A funding. As part of the funding, Aaron Weiner, Managing Director and Head of Healthcare at Coatue, and R.

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socalTECH

FEBRUARY 20, 2014

Irvine-based cybersecurity software developer Cylance announced today that it has raised $20M in a Series B funding, which came from Blackstone, Khosla Ventures, Fairhaven Capital and un-named private investors. Cylance says it is applying artificial intelligence, algorithmic science and machine learning to cyber security.

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socalTECH

JANUARY 9, 2018

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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Xconomy

AUGUST 10, 2016

On the day after Intel announced its acquisition of San Diego machine learning startup Nervana Systems, investor Steve Jurvetson told me he was feeling a sense of satisfaction about a call he made three years ago, and how it has been playing out. In the 2-1/2 years since it was founded, Nervana raised roughly $25 million.

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Xconomy

DECEMBER 27, 2018

[ Updated 12/27/18, 9:54 am ] Manoj Saxena is bullish on artificial intelligence. startup CognitiveScale and managing director of The Entrepreneur Fund , which makes investments in early-stage machine learning companies, Saxena believes A.I. technologies. As chairman of Austin, TX-based A.I.

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socalTECH

JULY 22, 2020

Santa Barbara-based TrackStreet , a developer of brand protection software, has raised $5.1M According to the company, the round--a Seed-2 funding--was led by Okapi Capital, and also included The Cove Fund, Early Light Ventures, SaaS Venture Capital, and Stage Venture Partners and Brad Perry (co-founder of Dealer Socket), along with others.

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socalTECH

FEBRUARY 3, 2021

Marina Del Rey-based LeaseLock, which is developing artificial intelligence technology and lease insurance products to eliminate the need for security deposits, has raised $52M in its Series B funding round, the company announced this morning. LeaseLock said it will use the funding to expand its lease insurance product.

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socalTECH

FEBRUARY 1, 2022

Pasadena-based robot developer Miso Robotics, which develops kitchen assistance robots, says it is looking to raise another $40M more via crowdfunding, after just completing $50M in an equity crowdfunding push. The company said it is undergoing a "SEC review process" ahead of the new crowdfunding effort.

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socalTECH

OCTOBER 4, 2017

FogHorn Systems , a developer of machine learning software for the industrial and commercial IoT market, which is backed by Santa Monica-based venture investor March Capital, has scored more funding. FogHorn Systems is based in Mountain View, California. READ MORE>>.

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socalTECH

OCTOBER 18, 2018

El Segundo-based CUJO AI , a developer of artificial intelligence-based cybersecurity software for telecom network operators, has raised a round of growth capital from KPN Ventures, the company said this morning. KPN Ventures is the corporate venture capital arm of Netherlands-based KPN, a large telecom company.

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socalTECH

MARCH 4, 2021

Santa Monica-based augmented reality, air combat training technology developer Red 6 said on Thursday that it has added Dr. Will Roper, former Assistant Secretary of the Air Force for Acquisition, Technology and Logistics (AT&L).

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socalTECH

JANUARY 22, 2019

Los Angeles-based REX , which is developing technology buying and selling homes, said on Monday that it has raised $45M in a Series C funding round. REX says it acts as a licensed, residential real estate brokerage, using artificial intelligence and big data to power its services. REX has now raised $75M in total.

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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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socalTECH

DECEMBER 13, 2021

The company said it is building artificial intelligence (AI) technology for the film and "Metaverse" markets. The company said it is developing AI-powered production tools, which provides improved cost and speed for media production and post-production.

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TechCrunch LA

DECEMBER 15, 2021

So I think it’s safe to say that any technology that can make the process easier is welcome by all. It has developed technology to give people a way to pay bills outside of traditional methods, such as through the mail, over the phone or via a Web portal. Paying bills is hardly a fun thing. In this respect, the U.S.

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socalTECH

NOVEMBER 18, 2021

Los Angeles-based Machina Labs, a company which is developing robotics and artificial intelligence (AI) technology aimed at improving manufacturing, has raised $16.3M in a Series A funding round. According to the company, the funding was led by Innovation Endeavors and also included Congruent Ventures and Embark Ventures.

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socalTECH

AUGUST 5, 2019

Westlake Village-based Eta Compute , a company developing machine learning software for embedded devices like mobile phones, has named Dr. Ted Tewkbury as its new CEO. Eta Copute says it is working on delivering machine learning to mobile and edge devices. READ MORE>>.

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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 funding was led by Entrada Ventures, and also included existing investors including Keshif Ventures and Blu Venture Investors.

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socalTECH

APRIL 26, 2019

Irvine-based technology distributor Ingram Micro has made an investment in e-commerce logistics startup HDS , which is developing a robotics system which uses artificial intelligence and mobile, articulated robots for the logistics industry. HDS is based in Palo Alto, California.

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socalTECH

JUNE 13, 2019

San Diego-based Atlazo , a startup developing systems-on-a-chip (SoC) semiconductors aimed at used in healthcare and Internet-of-Things (IoT) applications, has raised $3.4M in a seed funding round. The funding round was led by the Tech Coast Angels, and the TCA's San Diego chapter. in the round. in the round.

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socalTECH

SEPTEMBER 24, 2019

Carlsbad-based Zingle , a developer of mobile messaging and customer experience software for the hospitality, travel , and retail markets, has been acquired by San Francisco-based Medallia , a provider of customer experience management software. Medallia said it will pay approximately $42M in cash for Zingle.

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socalTECH

NOVEMBER 16, 2018

Irvine-based cybersecurity software developer Cylance has been acquired by BlackBerry , in a deal worth $1.4 Cylance, develops artificial intelligence-based cybersecurity software, which detects and reacts to cybersecurity threats. billion in cash, BlackBerry announced this morning.

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socalTECH

NOVEMBER 5, 2018

Irvine-based Syntiant , which is developing semiconductor used for edge computing, raised $25M in its Series B funding. The funding came from Sunstone Venture Capital Fund, along with Seraph Group, plus Microsoft, Intel, Amazon, Robert Bosch, Applied Materials, and Motorola, according to the company. READ MORE>>.

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socalTECH

MAY 15, 2018

Metawave Corporation , a developer of automotive radar technology with has an office in Carlsbad, has raised $10M in a funding round, the company announced on Tuesday morning. The company has offices in Carlsbad and Palo Alto.

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socalTECH

MARCH 28, 2019

The summit is now associated with March Capital Partners (www.marchcp.com). What's your role at March Capital? What's your role at March Capital? Meredith Finn: I joined March Capital at the beginning of the year. That carried through to March, where the big theme is Artificial Intelligence in the enterprise.

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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

AUGUST 10, 2016

San Diego-based Nervana Systems , a developer of artificial intelligence and "deep learning" technology, has been acquired by Intel , in a deal that is reportedly worth $350M. Nervana was working on artificial intelligence software and hardware. READ MORE>>.

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socalTECH

FEBRUARY 14, 2020

Los Angeles-based AdQuick , a new startup which is developing software tools to help enable out of home (OOH) advertising, has raised $6M in its Series A, the company said this week. The funding was led by Initialized Capital, and also included WndrCo, Shrug Capital, The Todd & Rahul Angel Fund and Michael Kassan's MediaLink.

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socalTECH

MARCH 1, 2018

Los Angeles-based Scalefast , which develops personalization technology for e-commerce, announced Thursday morning that it has raised $8M in a Series A funding round. The funding was led by Benhamou Global Ventures (BGV), and also included Adara Ventures, B&Y, French Partners and CIC Capital.

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