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Veritone Picks Up $6.5M In PPP Loans

socalTECH

Costa Mesa-based artificial intelligence software developer Veritone --which is publicly traded on the NASDAQ as VERI--reported that it has received a total of $6.5M The company said the loans, from Sunwest Bank, will allow it to continue operations without salary reductions, layoffs, or furloughs.

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Xconomy’s Top Innovation Stories of the Half Year

Xconomy

No PhD, “No Fear”: Alice Zhang, 27, Aims Software at Neuro Diseases. Layoffs Reflect New Turbulence at High-Flying 3D Robotics. Frank Vinluan reports from North Carolina on a new effort to boost agtech startups and university research. San Antonio Entrepreneur Center Opens Using Dallas Nonprofit as Model.