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Los Angeles-based ‘deep tech’ investment firm Riot Ventures is raising a $75M fund

TechCrunch LA

The firm has largely flown under the radar, but it has been investing in startups applying innovations in automation, artificial intelligence, computer vision, computational biology, material sciences and robotics to industrial products and processes for the past two years. Oculus, Snap, Tinder and others.

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Interview With Jamie Montgomery, March Capital Partners On The Firm's New Fund

socalTECH

Santa Monica-based venture investor March Capital Partners (www.marchcp.com) announced last week that it has raised a second fund, worth $300M. To learn about the new fund, we sat down with Jamie Montgomery , one of the fund's co-founders, to hear about March Capital's strategy and the new fund.

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QLess Gets Wins For Line Management

socalTECH

Pasadena-based QLess , a developer of artificial intelligence software for managing lines, says it has scored a number of wins with local governments, as a result of the COVID-19 pandemic. The company says it uses artificial intelligence to help drive its mobile tool. from Palisades Growth Capital and Act One Ventures.

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ServiceTitan is LA’s least likely contender to be the next billion-dollar startup

TechCrunch LA

It was Iconiq that put a whopping $80 million into ServiceTitan just last year — and while the 2017 cash infusion may have been larger, the company’s valuation has continued to rise. Battery isn’t the only marquee investor to find value in ServiceTitan’s business developing software managing day labor.

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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. Wazee Digital was advised by Waller Capital Partners in the deal; Veritone was advised by GCA Advisors. in cash and $7.5M

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Meet the 2017 Startups from the Disney Accelerator

Tech.Co

And over the past three years, Imperson has developed conversational chatbots powered by their artificial intelligence for several Disney projects, including most recently for Walt Disney World’s Pandora – The World of Avatar , according to a press release. Meet the 11 startups for 2017: Ambidio.

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How MakeSpace Recently Closed $30 million in New Funding

Both Sides of the Table

million in capital to build out its operations in 4 cities: New York City , Los Angeles , Chicago and Washington D.C. So how did a company that provides storage grow so fast (we’ll exit 2017 with 10’s of millions in recurring revenue), why is it so defensible and is it really a tech startup?