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Veritone Swizzles CFO

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Costa Mesa-based Veritone has swapped its CFO, saying that it has named local technology industry veteran Michael L. The company said prior CFO Peter F. Veritone did not say where Collins is departing to, but did praise his work in taking the company from a start-up company to its public status. READ MORE>>.

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Veritone Picks Up $6.5M In PPP Loans

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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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Veritone Names New Board Member

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Costa Mesa-based artificial intelligence software developer Veritone said on Thursday afternoon that it has named a new member to its board of directors. Veritone said that Richard H. Veritone is led by Chad and Ryan Steelberg, best known for selling one of their startups, dMarc, to Google. READ MORE>>.

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Veritone Gets Acquisition Bid From Apis Capital Management

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Costa Mesa-based Veritone , a developer of artificial intelligence software, said it has received an unsolicited acquisition bid from private equity firm Apis Capital Management. According to Veritone, Apis has offered to acquire all of its outstanding shares for $10.26 per share in cash. READ MORE>>.

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Veritone Launches Sports Draft Site, DraftClips.com

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Costa Mesa-based Veritone , which develops artificial intelligence software, says it has launched a new website, DraftClips.com , aimed at giving sports fans free access to over 30,000 clips and hundreds of hours of video footage of 2020 top draft college football footage.

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Veritone Deploys At College Football Playoffs

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Costa Mesa-based Veritone says its artificial intelligence software was deployed for the 2019 College Football Playoff (CFP) National Championship, and was used to produce transcriptions, automated facial recognition of players and coaches, logo identification, and other tasks for the CFP's Media Day. READ MORE>>.

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Wazee Digital Acquired By Veritone

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Costa Mesa-based Veritone said Monday that it has acquired Denver-based Wazee Digital , a provider of cloud-based video management and licensing services. Veritone is a developer of artificial intelligence software used to analyze audio, video and other data sources. Veritone said it paid $15.0M in Veritone common stock.