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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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.

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OCTOBER 16, 2019

Netradyne is a developer of artificial intelligence (AI) software used in fleet safety management. According to Hyundai CRADLE, Hyundai Motor Company's corporate venturing organization, it made an investment in Netradyne, but did not disclose how much it invested in the startup.

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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. The company says that individual investors can make investments in the crowdfunding effort for a minimum of $1500.

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DECEMBER 13, 2016

The Investment Group of Santa Barbara (IGSB) is one of the backers this week in machine learning and artificial intelligence software developer Solvvy. Solvvy says it has raised $4.5M Solvvy says it has raised $4.5M Solvvy is based in Palo Alto. READ MORE>>.

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OCTOBER 23, 2019

Glendale-based Beyond Limits , a venture-backed developer of artificial intelligence software, has named Meghan Sharp, Ph.D., the former Managing Director of BP Ventures/Americas, as its new Chief Operating Officer (COO).

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Both Sides of the Table

OCTOBER 17, 2019

I became a VC 12 years ago in 2007 when the pace of deals was much slower. As I was trying to figure out the role I wanted to play in the VC world I decided I wanted to focus on businesses that were building deeply technical products to solve problems for business users. We not only have our Series A funds that can write $500k?—?$15

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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. Size of the investment, which was part of a larger Series B investment, was not announced.

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JANUARY 9, 2018

According to REX, the funding included investments from Scott McNealy, co-founder and former chief executive officer, Sun Microsystems; Dick Schulze, founder, Best Buy; Gordon Segal, founder, Crate and Barrel; Amit Singhal, former senior vice president of search, Google; Jack Greenberg, former chief executive officer, McDonalds; and others.

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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. As chairman of Austin, TX-based A.I. technologies.

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JANUARY 25, 2018

Michelson and his wife, Alya Michelson, said it has made an investment in Boston-based AdmitHub. Financial terms of the investment were not announced. AdmitHub develops artificial intelligence software designed to help guide students to and through college, and in particular is aimed at helping at-risk students.

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JANUARY 30, 2018

Los Angeles-based Moonshots Capital is the lead investor in the seed round of a startup, New Knowledge , which developed the artificial intelligence software which uncovered a large-scale Russian effort to influence U.S. presidential elections. According to New Knowledge, it has raised $1.9M

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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. The startup was founded by Ron St. READ MORE>>.

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MAY 9, 2017

Two, Los Angeles-based venture capital investors have backed a developer of machine learning software, Qordoba , in its first investment funding round. Qordoba's machine learning software is used by such clients as Sophora, Cartier, Nutanix, and Netskope for language localization.

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JANUARY 2, 2019

Ventura-based Apollo Robotics , a new startup developing autonomous drone hardware and software aimed at automated surveying, announced this morning that it has named Rob Cammack as its Chief Executive Officer. Apollo said it is combining a multi-sensing LiDAR, HD, and thermal cameras with artificial intelligence in its drones.

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JULY 2, 2018

Pasadena-based ObEN , the artificial intelligence startup developing personal avatars, says it has linked with Tencent and the Tsinghua University PBC School of Finance (PBCSF), on a "blockchain research center" in China. ObEN and its partners are investing a total of $5M in the research center. READ MORE>>.

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NOVEMBER 26, 2013

Los Angeles-based private equity investor Kayne Anderson Capital Advisors has backed a developer of automated, machine learning and big data, predictive analytics software called ColdLight Solutions , the company said Monday. Financial terms of the investment were not disclosed. READ MORE>>.

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TechCrunch LA

JUNE 22, 2020

While the accelerator program backed by the BMW-owned Mini Cooper automaker and the venture capital firm Urban Us is based in Brooklyn, it’s conducting its latest program virtually, with participating startups coming from Atlanta, Sydney, San Francisco, Boston, Burlington, and Los Angeles, according to a statement.

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socalTECH

FEBRUARY 4, 2016

Costa Mesa-based Connectifier , the artificial intelligence software developer led by John Jersin, has been acquired by LinkedIn , the companies said Thursday afternoon. Connectifier was developing automated software to help companies with their recruiting, and had raised around $12.0M READ MORE>>.

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OCTOBER 17, 2019

Santa Barbara-based Invoca , the developer of call tracking and analytics tools, has raised another $56M in a new funding round, the company said on Wednesday. According to Invoca, the new round was led by Upfront Ventures, and also included H.I.G. Growth Partners, Accel, and Morgan Stanley Alternative Investment Partners.

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MARCH 20, 2019

Boost.ai , a European startup which is developing conversational artificial intelligence (AI) software for banks, financial institutions, and other enterprises, said this morning that it has set up shop in Santa Monica, setting up its North American headquarters here as it expands to the US. was founded in 2016. READ MORE>>.

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FEBRUARY 12, 2014

Three, local venture capital investors -- Miramar Venture Partners , Okapi Venture Capital , and Qualcomm Ventures -- are part of a group investing $22.1M in healthcare software developer Welltok , which announced a big funding round this morning. According to Welltok, it raised its new $22.1M

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Xconomy

OCTOBER 10, 2017

The San Diego artificial intelligence company Brain Corp. topped the chart for raising the most venture capital in San Diego during the third quarter that ended September 30, according to Venture Monitor data released Tuesday. Altogether, venture firms invested. Read more » Reprints | Share:

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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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FEBRUARY 13, 2018

Torrance-based Phyn , the developer of the remarkably advanced water monitoring technology spun out of Belkin, said today that it has raised another $10M in funding, from current investor Uponor. According to Phyn, the new investment will go towards market penetration and to scale the company's operations.

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AUGUST 29, 2017

Ashton Kutcher and Guy Oseary 's Sound Ventures, which is based in Los Angeles, has made an investment in the Series B funding round for San Francisco-based software development provider Gigster , in a round that also included basketball legend Michael Jordan. READ MORE>>.

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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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Xconomy

JANUARY 28, 2019

Venture capital firms invest in potentially disruptive technologies with the hope of profit, then keep watch for further advances that could overtake their existing portfolio companies. Palo Alto, CA-based Norwest weathers the uncertainties of technology and the economy with an investing strategy.

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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

JULY 6, 2017

San Diego-based machine learning startup PointPredictive announced on Thursday that it has closed a Series A funding round. Size of the investment was not announced. PointPredicive is developing fraud and risk management software for the automotive lending, consumer lending, and mortgage lending markets.

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Xconomy

APRIL 3, 2019

A 25-person startup developing advanced computing tools to speed up pathology work has raised its first institutional financing from a group of investors led by Intel Capital, the corporate investment arm of the chipmaker. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.

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SEPTEMBER 19, 2017

San Diego-based Tourmaline Labs , a startup developing location-aware smartphone software for mobile apps hsa raised a round of funding, and appointed a new CEO. According to Torumaline Labs, it has received an investment from ClearVision Equity Partners, and appointed Marc Brungger as its new CEO. READ MORE>>.

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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 According to the TCA, its angel network members invested $2.5M in a seed funding round. in the round. Atlazo is led by founder and CEO Dr.

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Xconomy

MAY 29, 2018

The Internet of Things, artificial intelligence, and related technologies are being used to connect ovens, refrigerators, and other kitchen appliances to the Web. Feeling unsure about cooking that fish dish? Smart ovens can more accurately calibrate temperatures to avoid over-cooking.

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TechCrunch LA

MAY 25, 2019

Hello and welcome back to Startups Weekly, a newsletter published every Saturday that dives into the week’s most noteworthy venture deals, fundraises, M&A transactions and trends. More Labs, for example, is backed with $8 million in VC funding. Takeaways from KubeCon; the latest on Kubernetes and cloud-native development .

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socalTECH

JUNE 5, 2015

Diffbot , the developer of artificial intelligence, visual recognition, and natural language processing software for interpreting web pages which is backed by Sky Dayton , has scored $500,000 more in funding, the company said this week. The funding--a continuation of the firm's seed funding--came from Bloomberg Beta.

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Xconomy

JULY 19, 2017

founded in 2009 as a Qualcomm-incubated startup to develop software and computer systems that emulate the human brain, seems to have found a new path forward. SoftBank’s new Vision Fund has led a $114 million investment to advance the company’s artificial intelligence technology. San Diego’s Brain Corp.,

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