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Sixgill Rolls Out Machine Learning Tool

socalTECH

Santa Monica-based software developer Sixgill has launched a new product this morning, saying it has unveiled a new application called HyperLabel, which helps developers, engineers, and data scientists implement machine learning. Sixgill is venture backed by DRW Venture Capital and Mobile Financial Partners.

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BlockFraud Finds $5M For Anti-Fraud Software

socalTECH

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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Product Sciences Picks Up $18M For Mobile App Analysis

socalTECH

The funding came from Slow Ventures, Coatue, K5 Global, Mantis Ventures, plus angels Peter Fenton (Benchmark), Jerry Murdock (Insight Partners), and executives at Snap. The company says it is developing software that analyzes pre-product, mobile application code using artificial intelligence, to help improve mobile performance of apps.

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LA, and Southern California's Surge In Venture Capital Funds

socalTECH

Fund size: $60M (Okapi Ventures III) Managing Directors: Marc Averitt, Sharon Stevenson, Jeff Bocan, John Waller Investment interests: Seed and early-stage companies in the technology and healthcare IT sectors and has also invested in medical device and medical diagnostic startups. Fika Ventures. Watertower Ventures. HashTagOne.

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Presence.Fit Raises $1.5M, Launches Mobile Fitness App

socalTECH

in a funding, and launched a new, mobile fitness app which combines live instruction with real time sensing of motion and metrics. The startup--cofounded by Dr. Masaki Nakada and Robert Jadon--says its combines artificial intelligence with live personal trainers, and runs on the iPhone. The company's app and service cost $49.99

Mobile 113
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Papaya raises $50M to give you a way to pay bills via its mobile app

TechCrunch LA

The company’s mobile application lets users take a photo of any bill and then its artificial intelligence-powered “bill-understanding technology” makes sure it gets paid (after a user has provided payment details, of course). has been an anomaly, with only 3% of bills being paid by a mobile device.

Mobile 208
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Ingram Micro Makes Investment In E-Commerce Logistics Robotics Firm

socalTECH

Irvine-based technology distributor Ingram Micro has made an investment in e-commerce logistics startup HDS , which is developing a robotics system which uses artificial intelligence and mobile, articulated robots for the logistics industry. HDS is based in Palo Alto, California.

Commerce 133