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Sonos Buys Snips For Voice Technology In $37.5M Deal

socalTECH

Santa Barbara-based Sonos said on Wednesday afternoon that it has acquired Snips , a developer of an artificial intelligence platform for enabling voice interaction with connected devices. Sonos said that the deal--which includes the employees at Snips, along with its IP--will "elevate the voice experience" at the company.

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Invoca Trumpets Enterprise Growth

socalTECH

Santa Barbara-based Invoca , the developer of call tracking software for the lead generation market, said this week that it has seen what it says is record growth in enterprise customers. The company did not disclose any finances, but said it has seen its enterprise customers grow by 375 percent since 2013.

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The Changing Venture Landscape

Both Sides of the Table

I’m over-paying for every check I write into the VC ecosystem and valuations are being pushed up to absurd levels and many of these valuations and companies won’t hold in the long term. I often answer the same way … * “First, yes, nearly every corner of our market is over-valued. By definition?—?I’m dot-com bonanza.

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13 Ecosystem Builders That Are Boosting Startup Growth

Tech.Co

The barriers to entry when it comes to launching a company require less tension and a lot less capital. In 2006, a passion to help startups grew into Tech Cocktail , a company whose mission was to showcased burgeoning companies in bars around the country. Watch our video series at SXSW 2018 with The Case Foundation.

Startup 140