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.

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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.

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socalTECH

DECEMBER 14, 2015

Elon Musk , the billionaire technology mogul behind SpaceX, has put some money behind--surprisingly--an effort to help developer artificial intelligence research. Altman and Musk are co-chairs of the new group.

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socalTECH

MAY 15, 2019

A brand new, Los Angeles-based artificial intelligence startup, Halla , announced on Wednesday that it has raised $1.4M in its seed funding round, to help it expand its development of personalization technology for online grocers. The company said it has now raised a total of $1.9M

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socalTECH

JUNE 21, 2017

Santa Monica-based BlockFraud , a developer of machine learning and artificial intelligence software used for detecting mobile fraud, has reportedly raised $5M in a Series A funding, the company disclosed on Wednesday. The funding was led by Palisades Venture Capital. READ MORE>>.

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socalTECH

FEBRUARY 5, 2020

Irvine-based NGD Systems , a company developing "computational storage" devices which can run AI, machine learning, and analytics functions within data storage devices, has raised $20M in a Series C funding, the company said this morning. the strategic investment fund of Western Digital Corp.),

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socalTECH

SEPTEMBER 27, 2021

Los Angeles-based employee wellness and artificial intelligence (AI) software developer Three Good announced that it has raised a seed funding round. The company says it is raising $2.5M in that funding.

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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.

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socalTECH

AUGUST 21, 2014

for its hardware-based, machine learning tools, according to the company. Nervana said the Series A funding was led by DFJ, and also included Allen & Co., As part of the funding, Steve Jurvetson of DFJ will join the company''s board of directors. San Diego-based Nervana System has raised $3.3M

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socalTECH

OCTOBER 1, 2021

Los Angeles-based employee wellness and artificial intelligence (AI) software developer Three Good announced that it has raised a seed funding round. The company says it has raised $700K in that pre-funding. The company said it is in the midst of raising $2.5 in seed funding.

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socalTECH

JANUARY 9, 2018

Woodland Hills-based REX Real Estate Exchange , a startup which helps homeowners sell their homes without using an MLS, has raised $15M in a Series B funding. The company has now raised over $30M in funding. The company only charges a 2 percent, flat free.

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socalTECH

OCTOBER 23, 2019

Los Angeles-based LegalMation , a startup which develops artificial intelligence and machine learning-based software for litigation and law practices, has raised a round of funding, according to the company. Size of the funding was not announced. The company is led by CEO James M.

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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.

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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. Source of the funding was not announced. The company was founded by Jacobo Lumbreras and Patrick Ip.

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socalTECH

JULY 12, 2017

Laguna Hills-based Ephesoft , a developer of document capture software, has raise $15M in a Series A funding, the company said this week. The funding came from Mercato Partners. Joe Kaiser of Mercato joins the company's board with the funding. The company was founded by Ike Kavas, and was founded in 2010.

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socalTECH

OCTOBER 26, 2021

Los Angeles-based HiveWatch, a developer of "multi-sensor" data collection tools being applied to physical security, has raised $20M in a Series A funding, the company said this morning. The funding was led by former Twitter executives Dick Costolo and Adam Bain. The company's founder and CEO is Ryan Schonfeld.

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socalTECH

OCTOBER 15, 2020

San Diego-based AlphaTrAI , a fintech startup which is backed by venture capital investor Analytics Ventures, says it is launching its own, extrenal fund, and is expanding its leadership team. the founder of Hightree Advisors, to its advisory board.

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Tech.Co

JULY 13, 2023

Despite a packed schedule of obnoxious tweeting, lawsuits, and organizing a cage match with Meta CEO Mark Zuckerberg, Elon Musk has found time to launch a new AI company called xAI. The comments allude to the billionaire’s previously-expressed fears regarding the rapid pace of development of AI systems.

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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>>.

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socalTECH

JUNE 29, 2021

Los Angeles-based Mapped, a developer of artificial intelligence-powered software used for industrial Internet-of-Things (IoT), has raised $6.5M a second seed funding. The funding came from MetaProp and Allegion Ventures, plus Singtel Innov8, Greycroft, and ANIMO Ventures.

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Tech.Co

OCTOBER 27, 2023

More than 350,000 people signed up to the waitlist to use Claude 2, the most recent version of the language model. In this guide, you'll learn exactly what Claude is, how it works, and all about its parent company, Anthropic. Who Owns Anthropic, and Who Funds It? Who Owns Anthropic, and Who Funds it?

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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. 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". READ MORE>>.

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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

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. The funding was led by Houston Ventures. The company's CEO is John Burke.

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socalTECH

OCTOBER 21, 2020

Los Angeles-based Beyond Limits , the artificial intelligence software developer which recently raised a big, $133M funding round, has linked with management consulting firm The Carnrite Group , the two said on Wednesday. The Carnrite Group focuses on oil and gas, utility, power, and industrial customers.

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L.A. Business Journal

AUGUST 14, 2019

Santa Monica-based venture investors March Capital Partners led a $51 million Series C round for conversational artificial intelligence developers Uniphore Software Systems Private Ltd.

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socalTECH

APRIL 7, 2020

Pasadena-based Miso Robotics , which is developing robots for the quick serve restaurant industry, says it has launched a new Series C crowdfunding campaign, where it hopes to raise a total of $30M in funding. According to the company, it has over $2.6M According to the company, it has over $2.6M

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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

SEPTEMBER 27, 2021

Venice, California-based Thankful, a new artificial intelligence software startup focused on customer service, announced this morning that it has raised $12M in its Series A funding round. The funding was led by Alpha Edison, and also included Bonfire Ventures, Ten-One-Ten, Greycroft, Omega, and Miramar Ventures.

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socalTECH

JULY 16, 2021

San Diego-based Netradyne, a developer of artificial intelligence (AI) and edge computing technology for the automotive market, has raised $150M in a Series C funding round. According to the company, the funding was led by SoftBank Vision Fund 2, and also included existing investors Point72 Ventures and M12.

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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 23, 2020

San Diego-based Kneron , a developer of artificial intelligence software, has raised $40M more in Series A funding, from investor Horizons Ventures. Accoring to Deal Street Asia, the funding brings the company's total to $73M. Horizons Ventures it the venture arm of Hong Kong tycoon Li Ka-Shing.

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socalTECH

NOVEMBER 4, 2021

Irvine-based Huckleberry, a developer of an artificial intelligence-driven app which helps parents with pediatric sleep advice, says it has raised $12.5M in a Series A funding. The funding was led by Morningside Ventures and also included Spero Ventures and Tamarisc VC.

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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. The company's President, Jeff Curie, was also an executive at Access360, IBM, and SupplyFrame. READ MORE>>.

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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

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.

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socalTECH

OCTOBER 2, 2018

Santa Monica-based Boulevard a developer of cloud-based software used by salons and other appointment-based businesses to automate the process of booking appointments, has raised a seed round of funding, according to one of its investors. Size of the funding round was not disclosed. READ MORE>>.

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