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Freeletics raises $45M for its AI-powered mobile fitness coach

TechCrunch LA

market with the help of several Los Angeles-based investors. Freeletics , headquartered in Munich, Germany, is today announcing its first round of private capital after bootstrapping since 2013. One of Europe’s most popular fitness applications is poised to flourish in the U.S. for one month or $74.99 for a year-long membership.

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Interview With Jamie Montgomery, March Capital Partners On The Firm's New Fund

socalTECH

We started March Capital in late 2013. Fund I was really focused on AI, and what we now call big data and machine learning, and we focused on the cloud and Internet infrastructure, plus made a couple of investments in India and in gaming. If your company was mobile, or cloud based before, now it has to be AI-enabled.

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With $30M Infusion, Certona Aims for Bigger Share of Digital Retail

Xconomy

After raising $30 million, San Diego-based Certona said it is moving to accelerate its product development, expand its sales and marketing team, and improve its client services as an e-commerce technology vendor. Certona uses the data to offer shoppers personalized options based on “real-time profiling.”.

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Brain Corp.’s First Product is a Brain for Floor-Scrubbing Machines

Xconomy

Headed by the computational neuroscientist Eugene Izhikevich, the company maintained a low profile at Qualcomm’s San Diego headquarters until 2013, when Brain Corp. stands to gain valuable experience toward the development of autonomous, machine-learning systems and self-driving cars.

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Xconomy Special Report: 12 San Diego Tech Startup to Watch in 2017

Xconomy

. —Intel (NASDAQ: INTC ) paid over $400 million in August to acquire Nervana Systems , the two-year-old San Diego startup offering its machine learning technology as a cloud-based service. million in a Series D round of investment capital, according to founder and chairman Tony Farwell.

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What I Learned In 2015: Jeb Spencer, TVC Capital

socalTECH

Today, we have the thoughts of Jeb Spencer of TVC Capital (www.tvccapital.com), a software focused growth equity fund which just raised a new fund, and has had some great success in the market. TVC Capital has also been a big supporter of socaltech over the years. What was the biggest news for you or your firm this year?

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Internet of Things (IoT) – What’s Next in Automotive?

Tech Zulu Event

Take Watson , IBM’s artificial intelligence platform as an example: it has advanced significantly since it handily defeated human opponents on the Jeopardy game show four years ago. Luckily, we are still in control of the machines, but who knows what can happen with all the connected devices and smart computers? Time will tell.

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