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GumGum Gets $22M More For Advertising AI Software

socalTECH

Santa Monica-based GumGum , which develops artificial intelligence software for the advertising and media market, has raised $22M more in a funding round, the company said on Thursday. GumGum said it had $155M in global revenue in 2019. All three of those investors are existing investors in the company. READ MORE>>.

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Techstars Los Angeles Launches 2019 Class

socalTECH

Techstars Los Angeles , one of the startup accelerators run by Techstars in Los Angeles, has announced its 2019 class. According to Techstars, ten companies were selected for the startup accelerator, which kicked off this week. The companies will have their Demo Day on October 15th.

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Theta Lake Takes $12.7M For Security, Compliance Software

socalTECH

Santa Barbara-based Theta Lake , a developer of security and compliance software which connects with Cisco Webex, Microsoft Teams, RingCentral, Zoom and other collaboration platforms, has raised $12.7M The company's seed funding was in January of 2019. in a Series A funding. READ MORE>>.

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Brain To Roll Out Autonomous Robots At Walmart

socalTECH

San Diego-based robotics and artificial intelligence software developer Brain Corp. said on Monday that Walmart Stores will be rolling out a fleet of robots, powered by its software, starting in early 2019. Brain develops computer vision and artificial intelligence software, specifically aimed at navigation.

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Boston A.I. Leaders Call for Focus on Diversity, Global Mindset in 2019

Xconomy

It was an eventful year for the artificial intelligence industry. software startups to reflect on the trends that defined the sector in 2018—and where things might be headed in 2019. software startups to reflect on the trends that defined the sector in 2018—and where things might be headed in 2019.

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Brain Corp. Claims Record Sales As Robotics Takes Off

socalTECH

San Diego-based artificial intelligence software developer Brain Corp says it is saw "record sales and revenue growth" in 2019, on strong retailer demand for autonomous, mobile robots. The company said its software is now used on approximately 10,000 robots.

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Veritone Deploys At College Football Playoffs

socalTECH

Costa Mesa-based Veritone says its artificial intelligence software was deployed for the 2019 College Football Playoff (CFP) National Championship, and was used to produce transcriptions, automated facial recognition of players and coaches, logo identification, and other tasks for the CFP's Media Day. READ MORE>>.