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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.

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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. 60% of all software is bought in the U.S., Vaish is already in talks with a handful of other startups and is open to more acquisitions, he said. so for us that market is critically important,” he said. “We

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

socalTECH

In the last couple ofyears, we've seen more enterprise technology and software locally here, and software is starting to grow up. We're also excited about the areas around artificial intelligence for certain verticals. We're also excited about the areas around artificial intelligence for certain verticals.