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Upfront Ventures Backs Tact In $15M Funding

socalTECH

Los Angeles-based venture capital investor Upfront Ventures is the lead investor in a new, $15M Series B funding round for artificial intelligence software developer Tact. Tact develops artificial intelligence software for Salesforce which helps salespeople automate data entry into their CRM systems.

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Upfront Backs Tact.ai In New Funding Round

socalTECH

According to Tact.ai, the new funding came from Amazon Alexa Fund, Comcast Ventures and Salesforce Ventures, with existing investors Accel Partners, M12 (formerly Microsoft Ventures), Redpoint Ventures and Upfront Ventures. Tact.ai, which is based in Redwood City, has now raised more than $57M in total funding.

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Kutcher, Oseary Back Gigster Next To Michael Jordan

socalTECH

Gigster said today that it raised $20M in a Series B funding, which was Redpoint Ventures, and also included Andreessen Horowitz, Y Combinator, Ashton Kutcher and Guy Oseary's Sound Ventures, Marc Benioff and Adam D'Angelo, along with Michael Jordan.

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Startups Weekly: Upfront Ventures bets on a bus service

TechCrunch LA

Vianai raises $50M seed to transform machine learning. Seed investor Charles Hudson of Precursor Ventures and Redpoint Ventures general partner Annie Kadavy will show up to give founders tips on how to raise VC. WordPress parent company Automattic secures $300M. Stripe nabs another $250M at a $35B valuation.

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Clicker.com To Launch Public Access

socalTECH

The startup, which is venture backed by Benchmark Capital and Redpoint Ventures, said its site includes guides to content in Netflix Instant Streaming, Amazon VOD, as well as another 1,200 sources. Clicker.com is headed by Jim Lanzone, former CEO of Ask.com. READ MORE>>.

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The Coming Shift in Enterprise Software

Both Sides of the Table

AI / Bots  — Neither voice nor chat-based communications would truly work as seamlessly without a level of artificial intelligence that powers the communications. Tact is a pioneer in using chat-based communications as a computing metaphor. The lead partner is Kevin Efrusy who amongst other things helped source Facebook for Accel.

Software 105