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Temasek Funds New AI Effort In San Diego, Aicadium

socalTECH

Singapore-based investment firm b>Temasek says it is funding and has launched a new, artificial intelligence startup that is headquartered in San Diego and Singapore, called Aicadium. The new startup will focus on developing a common machine learning platform to deliver AI-as-a-Service from discovery to deployment.

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GoSite Finds $40M For Small Business Services

socalTECH

San Diego-based GoSite , which operates an online platform to help small businesses bring their business online, has raised $40M in a Series B funding round, the company announced this morning. The company is targeting such businesses as hair salons, auto shops, and landscapers with its software. READ MORE>>.

Services 113
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Cloudbreak Health Links With Epic Software

socalTECH

Los Angeles-based Cloudbreak Health , which provides telehealth and video medical interpretation service, said this morning that it has integrated with healthcare electronic medical records provider Epic Software. The company said the integration allows its healthcare provider customers to seamlessly access its services.

Software 113
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Fundraising Startup Classy Surpasses $1B Raised on Its Platform

Xconomy

It took six years for Classy, a software-as-a-service company that targets nonprofit organizations looking to fundraise online, to facilitate $500 million in donations. But the next $500 million took just 14 months.

Platform 103
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Classy Powers $37.9M In Giving Tuesday Donations

socalTECH

San Diego-based online nonprofit fundraising software developer Classy reports that nonprofits on the service raised $37.9M on Tuesday, Giving Tuesday, the highest amount raised on a single day on its platform. Classy said that there were 9,008 active campaigns on its service on Tuesday, compared to 6,462.

San Diego 113
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Software Startup Portfolium Acquired by Salt Lake City’s Instructure

Xconomy

The software of Portfolium, a San Diego startup that hosts online portfolios for students trying to showcase their achievements to potential employers, is set to join the portfolio of Utah educational software company Instructure. Students at schools that subscribe use the platform for free.

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San Diego Social Media Startup Soci Adds Austin Office, Raises $8.5M

Xconomy

Soci, a San Diego startup that created a Web platform for managing social media, has closed on $8.5 The five-year-old startup, which had 35 employees five months ago when it was named as a 2017 Xconomy San Diego company to watch , now has 50 employees.