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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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Wazee Digital Acquired By Veritone

socalTECH

Costa Mesa-based Veritone said Monday that it has acquired Denver-based Wazee Digital , a provider of cloud-based video management and licensing services. Veritone is a developer of artificial intelligence software used to analyze audio, video and other data sources. Veritone said it paid $15.0M in cash and $7.5M

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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. Many players including Coca Cola, Oyo, Samsung, Tata Group, and KFC use Haptik’s chatbots in their customer support services. Vaish is already in talks with a handful of other startups and is open to more acquisitions, he said.

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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. Our premium subscription service had another great week of interesting deep dives. Fundraising. Nigeria’s Gokada raises $5.3M

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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.