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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 privately held company did not disclose any financial details of its actual sales and revenues. READ MORE>>.

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Sundae snags $36M to build out its distressed property marketplace

TechCrunch LA

He did note that in the four markets where the company has gone live since launching its business in January 2019San Diego, Los Angeles, the Inland Empire , and Sacramento — has yielded an annualized revenue run rate of over $400 million in gross merchandise value (the total value of home sales transacted on its platform).

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GrubMarket raises $60M as food delivery stays center stage

TechCrunch LA

Past investors also included Y Combinator, where GrubMarket was part of the Winter 2015 cohort), and for some more context, GrubMarket last raised money in April 2019 , $28 million at a $228 million valuation, a source says. ” I don’t doubt that he means it. ” I don’t doubt that he means it.

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Reflections on 2018: Rob Freelen, Silicon Valley Bank

socalTECH

Here are five exciting examples (in alphabetical order): Appetize, a cloud-based point-of-sale platform for large venues, recently raised funding from Shamrock Capital Advisors, the NFL and the Dodgers. Seismic, a sales software company, raised $100M and became a unicorn. Prior to the L.A.

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Illumina Cuts Forecasts As Consumer Tests, Genomics Initiatives Lag

Xconomy

About this time last year, DNA sequencing giant Illumina upped its financial projections, estimating its sales would grow 20 percent year-over-year. On Monday, Illumina (NASDAQ: ILMN ) informed the markets that it had overshot the mark with its 2019 estimates. It exceeded that goal, with revenue rising 21 percent to $3.33

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The Five Major Tech Trends of 2016

Xconomy

Early this year, IDC predicted that worldwide spending on public cloud services will be $141 billion in 2019, while last year Amazon Web Services achieved net sales of $7.88 Customer expectations now demand seamless and satisfying user experiences. The Continued Growth of Cloud. The All-Important User Experience.