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Retina Launches AI, Machine Learning Tool For E-commerce Companies

socalTECH

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. READ MORE>>.

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FASHIONPHILE Finds $38.5M For Luxury E-Commerce

socalTECH

Carlsbad-based FASHIONPHILE , and e-commerce company which sells pre-owned luxury handbags, watches, and fine jewelry, has raised $38.5M The company is also backed by Neiman Marcus. The company also said the funding will go towards advancing its technology, including automation and artificial intelligence software.

Commerce 124
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5 Steps To Strategy Tuning Through Machine Learning

Startup Professionals Musings

Conventional thinking in business has long been that strategy decisions are made by humans, while the focus of automation and machine learning should be on execution. Only smart software can plow through the volume of live data, recognizing trends, customers, and match offerings to reality. The efficiency gain is tremendous.

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TrackStreet Takes $2M For E-Commerce Monitoring

socalTECH

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.

Commerce 124
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Arianna Huffington’s Thrive Global is buying a startup that uses neuroscience to boost app usage

TechCrunch LA

Originally called Dopamine Labs, the company was founded in 2015 to bring some of the same technologies that social media companies like Facebook used to boost engagement to a broader range of applications. Meet the tech company that wants to make you even more addicted to your phone.

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Edgemesh Aims To Accelerate E-Commerce Websites

socalTECH

Laguna Beach-based Edgemesh said last week that it has launched a new offering, which helps accelerate the loading speed of e-commerce websites. The company said its new solution, Edgemesh Server, provides seamless web acceleration with zero developer effort. Pricing on the new service was not announced.

Commerce 113
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Bridg Acquired For Cardlytics For $350M

socalTECH

Los Angeles-based Bridg, a venture backed company which develops software to help e-commerce retailers improve their sales, has been sold for $350M in cash to Cardlytics. The company's software uses artificial intelligence and big data to help retailers with their e-commerce efforts.