socalTECH

JULY 16, 2019

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

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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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Tech.Co

JULY 13, 2023

Initially pinned as a generative AI startup for Twitter when it first hit the headlines back in April, the xAI website seems to suggest that the new startup will remain separate from the social media platform, as well as Musk's collection of other technology companies.

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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 was founded by and is led by Gaurav Bhattacharya.

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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

DECEMBER 4, 2019

Los Angeles-based Podcorn , a venture-backed startup offering up native podcast advertising and matching, has launched its platform, saying that its platform will help advertisers discover and run native ads on podcasts. Podcorn recently raised $2.2M, in an August 2019 funding round. 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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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

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 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.

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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 funding was led by Alibaba Group. DGene says it is using artificial intelligence for content creation and restoration.

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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. READ MORE>>.

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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 in a Series A funding. As part of the funding, Lightspeed's Arif Janmohamed joins the company's board. READ MORE>>.

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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. According to NextWave, Apical Technology is developing a software platform which uses AI for equities trading. Onge and Jim St.

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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 in a Series C funding. The funding was led by Synaptics Incorporated, as well as existing investors. The company says it has now raised $31.9M READ MORE>>.

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Westlake Village Artificial Inteligence Platform Funding 113

socalTECH

JANUARY 3, 2019

San Diego- and Baltimore-based private equity investor JMI Equity is the lead backer of a developer of artificial intelligence software for the healthcare industry this morning. The funding was led by JMI Equity, and also included Health Enterprise Partners (HEP) and Health Velocity Capital (HVC). READ MORE>>.

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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

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.

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socalTECH

JUNE 14, 2018

The company said the new funding will go towards new contracts and expansions, invest in new technology platforms, and provide excess capital.

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Artificial Inteligence Technology Commerce Los Angeles 127

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

AUGUST 18, 2014

in a seed funding round, to go towards its online marketplace for computer software algorithms. 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.

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USC Artificial Inteligence Seed Funding Software Engineering 194

socalTECH

JULY 18, 2017

Pasadena-based ObEN , the developer of artificial intelligence software led by Nikhil Jain, said this morning that it has raised $5M in a strategic funding round, led by Tencent Holding. According to ObEN, the funding also included Li Ruigang, Chairman of CMC and Fengshion Capital. READ MORE>>.

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Artificial Inteligence Idealab Pasadena Platform 124

socalTECH

MAY 13, 2021

The funding came from Mountain Gro, up Partners, Rockmont Investments, and Scientific Health Development. Mindera said that the funding will go towards commercialization of its products, plus continued development.

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Artificial Inteligence San Diego Platform Funding 113

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. READ MORE>>.

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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

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. The startup said the funding was led by Proxima Media. READ MORE>>.

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Artificial Inteligence Media Los Angeles Activity 100

Xconomy

OCTOBER 17, 2019

Atomico, a European venture capital firm, has helped persuade Cambridge, UK-based Healx to return to the capital market a year earlier than anticipated. The biotech has just raised $56 million in Series B funding to bankroll its mission to use AI and machine learning to create affordable rare disease treatments.

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TechCrunch LA

JANUARY 14, 2019

Meanwhile, new venture-backed companies like the superstealthy Shadows, SuperPlastic and Toonstar are all developing virtual characters that will launch via social media channels like Snap and Instagram, or on their own platforms. The makers of the virtual influencer, Lil Miquela, snag real money from Silicon Valley.

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Social Media Content Media Artificial Inteligence 261

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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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 news for you or your firm this year?

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Tech.Co

DECEMBER 28, 2022

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. The Palo Alto-based company uses emerging artificial intelligence (AI) technology to tackle pressing questions in cancer care. Valar Labs.

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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. . Elementary Robotics has raised $3.6 Barnehama was tight-lipped about the specifics of the technology that Elementary is using for its robotic stack.

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TechCrunch LA

APRIL 8, 2021

Rostoker’s legacy lives on inside TAE through the company’s technology platform, called, appropriately, “Norman” In the last 18 months that technology has demonstrated consistent performance, reaching over 50 million degrees in several hundred test cycles.

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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. Liquid Death has attracted nearly $2 million in funding from angel investors like Away co-founder Jen Rubio and Twitter co-founder Biz Stone.

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Startup Venture Capital Newsletter Tips 223

Xconomy

OCTOBER 16, 2016

Unlike many of its rivals, Sheik said Certona had raised a total of only $7 million in venture capital (in 2008) from ABS Ventures of Waltham, MA, and San Diego’s Express Ventures. We’ve been fairly capital-efficient in this fast-growth e-commerce space,” Sheik said. “It It wasn’t about raising multiple rounds and burning jet fuel.

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socalTECH

FEBRUARY 24, 2020

Glendale-based Reveleer (www.reveleer.com) is a developer of cloud-based software used for managing medical data, and recently announced a Series C funding round from investors Boston Millenia Partners and Upfront Ventures. We're backed by Upfront Ventures, which is a well known venture capital firm here in SoCal.

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