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Irvine-based Bitvore , the big data, artificialintelligence, and data analytics startup, has upped its latest funding round to $14.2M, as part of what appears to be an ongoing $17.75M funding effort. The company's CEO, Jeff Drake, was a founder at Access360 (acquired by IBM), and also served at IBM, Akana, and ServiceMesh.
ServiceNow , the developer of information technology service management software which has major operatinos in San Diego, has acquired Mountain View-based Passage AI , a developer of conversational AI tools. Passage AI was founded in 2016 and had received funding from Blumberg Capital, Storm Ventures, Engineering Capital, 11.2
Carlsbad-based Zingle , a developer of mobile messaging and customer experience software for the hospitality, travel , and retail markets, has been acquired by San Francisco-based Medallia , a provider of customer experience management software. Medallia said it will pay approximately $42M in cash for Zingle.
As we draw closer to the end of 2016, it is important that we take a moment to look back and reflect on all of the ways technology has inspired us, and transformed the way we live and do work. To augment and overcome physical distance, we are starting to use drones, virtual reality, and driverless cars. percent of digital buyers in the U.S.
San Diego-based Netradyne , a developer of artificialintelligence and "deep learning" software used for vision recognition--particularly in autonomous vehicles--has raised $21M more in a funding round. percent of the startup; Reliance had invested $16M in Netradyne in 2016. READ MORE>>.
Boost.ai , a European startup which is developing conversational artificialintelligence (AI) software for banks, financial institutions, and other enterprises, said this morning that it has set up shop in Santa Monica, setting up its North American headquarters here as it expands to the US. was founded in 2016.
It has developed technology to give people a way to pay bills outside of traditional methods, such as through the mail, over the phone or via a Web portal. Kann teamed up with computer vision scientist Jason Meltzer, who led development for the computer vision technology behind the Roomba at iRobot, to build Papaya.
San Diego-based life sciences equipment maker Illumina announced this morning that it has acquired Menlo Park-based GRAIL , a developer of cancer early detection technology. GRAIL is developing a multi-cancer screening test. GRAIL was spun out of Illumina in 2016 as a standalone company. billion in cash and $4.5
Santa Monica-based The Mobile Majority --which recently zoomed past $50M in revenues--has acquired a Brazilian web development company called Elastic , according to the company. The Mobile Majority said it is adding talent in product development, UI, backend, high speed API integration, operations, and machinelearning.
Two of the hottest sectors in the market today for investments and startups are in the area of machinelearning/big data and advancements in automotive technology. Bryan Biniak: Connected Travel was founde d n 2016. We had an advanced application development and innovation team. Tell me about Connected Travel?
They left the competition with their lessons learned and came back to win first place in 2017. “To To us, the ‘expert questions’ were like the typical machinelearning questions we’d get in a Galvanize classroom,” said Baolin Liu. Delivery is key: The guys picked up the pace of their presentation after going too slowly in 2016.
As investors continue pouring funding into artificialintelligence and consumer habits shift, many AI and subscription model startups have been enjoying rapid growth. With the new model expected to be launched sometime next year, we think this disruptive startup should be looking forward to a very bright 2024.
As top lawyers from Facebook, Google, and Twitter testify on Capitol Hill this week about Russians using their platforms to interfere in the 2016 U.S. That’s according to Yann LeCun , a machinelearning expert and Facebook’s director of A.I.
Boston-based Cybereason has formed a partnership with Arm, the dominant developer of computer chip architecture, which was acquired by SoftBank in 2016. Security-tech company Cybereason is announcing another boon flowing from close ties with its biggest investor, Japanese telecom and tech giant SoftBank.
View the Slideshow A little more than a year ago, amid a resurgence in San Diego’s software sector, Xconomy identified a baker’s dozen of local tech companies to watch in 2016. is providing back-office support for clinicial trials; and Clarify Medical has developed technology that simplifies the current treatment for psoriasis and eczema.
For K-12 school districts to keep up with technology and enable a fully modern, effective environment, they need to augment the fundamentals with key technology advancements and essentials including ArtificialIntelligence, updated communication tools, and high-speed networks tailored for educational institutions.
San Diego-based XOKind , a new startup focused on building artificialintelligence software for the travel market, has raised $1.6M The startup said it is developing AI agents which will learn users' travel preferences via their calendars, emails, and photos, as well as their social media and in-app interactions.
This week we’ll focus on the city of Austin, gain insight into Uber’s spending habits, do a little scooter number crunching, the Tesla Model Y, and the so-called “race” — an overused and inaccurate term — to develop autonomous vehicles. ONM … There are OEMs in the automotive world. Cymbal clash!)
Here we are at the midpoint of 2016 already. The Xconversation: Vaccine Developer Meets Energy Innovator. San Antonio Entrepreneur Center Opens Using Dallas Nonprofit as Model. Austin’s Lucid Aims to Make ArtificialIntelligence More Human. Angela Shah delves into a company that’s part of a growing cluster of A.I.
They were even flagged in a 2016 Harvard Business School case study analysis. By 2016, TSMC had already worked to improve its water purification and recycling efforts — necessary for an industry that consumes between 2-9 million gallons of water per day. And TSMC is already working to address its water consumption. ”
There’s plenty more news to chew on as well, from the latest developments in the Zika battle to biotech’s sigh of relief when Medicare spending cuts were avoided (for now). —There were two major developments in the fight against Zika virus, which has begun to affect children born in the U.S. Let’s get right to it.
Los Angeles-based Moonshots Capital is the lead investor in the seed round of a startup, New Knowledge , which developed the artificialintelligence software which uncovered a large-scale Russian effort to influence U.S. presidential elections. According to New Knowledge, it has raised $1.9M
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