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Snap accelerator names its latest cohort

TechCrunch LA

Yellow , the accelerator program launched by Snap in 2018, has selected ten companies to join its latest cohort. TRASH — using this machine learning-based video editing toolkit, users can quickly create and edit high-quality, short-form video. The new batch of startups coming from across the U.S.

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From Alnylam to Zayner: Xconomy’s Top Innovation Stories of 2018

Xconomy

2018 was a year of ups and downs for the business and technology community. Venture funding remained strong, but more money went to fewer (and later-stage) companies overall. Storylines in various sectors helped shape the overall narrative in 2018. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.

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Reali Finds $20M For Expansion To Southern California

socalTECH

Reali , a Silicon Valley startup which offers up a high-tech, and artificial intelligence-enabled real estate service, said this week that it has raised $20M in a Series B funding round, which it specifically will use to launch in Southern California.

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Cylance Picks Up $120M For Endpoint Security

socalTECH

Irvine-based Cylance , which develops endpoint security software, said on Tuesday that it has raised $120M more in a funding round, for its artificial intelligence-powered software. The company said the funding was led by Blackstone Tactical Opportunities, and also included other investors.

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Techstars Music Names New Class Of Startups In LA

socalTECH

The accelerator said its 2017 and 2018 classes have so far raised more than $40M in follow on investment, with a combined valuation of more than $300M. READ MORE>>.

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London and SF have become Impact Tech hubs, with 280% increase in VC in 5 years

TechCrunch LA

At a national level, the United States received more VC funding for impact tech companies than any other country in the past five years, with investors pumping $35.8 market in September after closing a $360 million funding round in April and acquiring Silicon Valley-based startup Evolve Energy. billion into U.S.

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Healx Bags $56M to Advance Affordable, AI-Based Orphan Drugs

Xconomy

The biotech has just raised $56 million in Series B funding to bankroll its mission to use AI and machine learning to create affordable rare disease treatments. It is not surprising that venture capitalists have been knocking on the door at Healx.