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Reflections on 2019: Greg Monterrosa, Startup Community Leader

socalTECH

Their platform mimics human thought processes and provides explainable reasoning to aid human-like decision-making. What are you most looking forward to in the technology/startup world in 2020? AI is exciting, I love seeing the energy groups like AI LA, and companies like Beyond Limits are bringing our city.

Startup 196
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Hyundai taps EV startup Canoo to develop electric vehicles

TechCrunch LA

Hyundai Motor Group said it will jointly develop an electric vehicle platform with Los Angeles-based startup Canoo, the latest startup tapped by the automaker as part of an $87 billion push to invest in electrification and other future technologies. Canoo said it will provide engineering services to develop the electric platform.

Startup 310
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Canada’s newest unicorn: Clio raises $110M at a $1.6B valuation for legal tech

TechCrunch LA

Clio last raised in September of 2019 when it brought in $250 million in a Series D financing. Much like how Microsoft Windows defined the operating system for personal computers decades ago, Clio has developed a software platform for law firms and their clients that is cloud-based and client-centric by design,” Newton said.

Platform 244
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Podcorn Launches Podcast Advertising Platform

socalTECH

Los Angeles-based Podcorn , a venture-backed startup offering up native podcast advertising and matching, has launched its platform, saying that its platform will help advertisers discover and run native ads on podcasts. Podcorn recently raised $2.2M, in an August 2019 funding round.

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Reflections On 2019: Andy Wilson, Alliance for SoCal Innovation

socalTECH

While 2018 was all about better understanding the SoCal opportunity, 2019 was about honing our focus and defining our core programs. Furthermore, if we can get these platform companies to lean-in, they bring significant resources that are vital to moving the massive SoCal ecosystem. Verizon, and Wells Fargo just to mention a few.

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Cloudera, Hortonworks Plan To Merge As $5.2B Cloud Data Platform

Xconomy

Palo Alto, CA-based Cloudera (NYSE: CLDR ) and Santa Clara, CA-based Hortonworks (NASDAQ: HDP ) said they expect the merger to close during the first quarter of 2019 if it passes an antitrust review. The goal of the combined entity is to provide a leading data platform. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.

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Snap’s Yellow accelerator debuts its third batch of investments

TechCrunch LA

The 10 startups in Yellow’s third batch include: Brightly : a media platform and community that promotes ethical and sustainable brands. Stipop : a rich cross-platform chat sticker API. The group occupies some familiar spaces for past investments, with a focus on niche social communities, mobile media tools and augmented reality.

Invest 237