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Interview with Michael Greenberg, Retina

socalTECH

Los Angeles-based Retina is using machine learning and artificial intelligence to figure out customer lifetime value (CLV) for such businesses as Dollar Shave Club. We spoke with Retina's CEO, Michael Greenberg , to learn more. We see you do that through machine learning and artificial intelligence?

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Cornerstone OnDemand Veteran's Startup Snapped Up By Workday

socalTECH

In what looks to be one of the fastest Series A-to-acquisition deals in recent years, a startup backed by Santa Monica-based Cornerstone OnDemand has just been acquired by HR software giant WorkDay. Rallyteam's machine learning software was used to help match their employees to skills, experiences, and interests. READ MORE>>.

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Wazee Digital Acquired By Veritone

socalTECH

Veritone is a developer of artificial intelligence software used to analyze audio, video and other data sources. Wazee Digital had net revenues of over $19M in 2017, according to the companies. Veritone said it paid $15.0M for Wazee Digital, split between $7.5M in cash and $7.5M in Veritone common stock.

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India’s Haptik acqui-hires Los Angeles startup Convrg in international expansion push

TechCrunch LA

Founded in 2017, Convrg has made a name for itself by developing several popular chatbots and voice products. Vaish is already in talks with a handful of other startups and is open to more acquisitions, he said. Its clients today include Reddit, The GRAMMYs, Aveda, Shopify, Sephora, and Proactiv. “For You can’t expand in the U.S.

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IBM Watson Health Launches Imaging Effort for Cancer, Other Diseases

Xconomy

She’s referring to how much Watson Health has spent on growth , including acquisitions like Merge and Truven Health Analytics. The first commercial product to come out of the effort is likely to hit in 2017. LeGrand calls the approach “augmented intelligence,” as opposed to artificial intelligence.

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Startups Weekly: VCs are drunk on beverage startups

TechCrunch LA

As Amex scoops up Resy, a look at its acquisition history . The firm was launched in 2017 by general partners Eva Ho and TX Zhuo, formerly of Susa Ventures and Karlin Ventures, respectively. Shopify quietly acquires Handshake, an e-commerce platform for B2B wholesale purchasing . Fundraising. Extra Crunch.

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A Chat With Jamie Montgomery On How LA's Tech Ecosystem Has Grown

socalTECH

We're also excited about the areas around artificial intelligence for certain verticals. I think we'll see a big increase in IPOs in 2017, but I think there will be, more dramatically, a big pickup in M&A. They're acquisitive, have cashed up, and lots of them are now looking at repatriating money to the US.