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Ferret Finds $4M For AI Tools

socalTECH

Los Angeles-based Ferret, a startup working on artificial inteligence software to help people determine who they can trust, has raised $4M in a seed funding round, according to the company. The company said it is developing machine learning algorithms which help users determine who they can trust in real time.

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ServiceNow Acquires Passage AI

socalTECH

ServiceNow , the developer of information technology service management software which has major operatinos in San Diego, has acquired Mountain View-based Passage AI , a developer of conversational AI tools. Passage AI was founded in 2016 and had received funding from Blumberg Capital, Storm Ventures, Engineering Capital, 11.2

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Bitvore Brings Latest Funding Round To $14.2M

socalTECH

Irvine-based Bitvore , the big data, artificial intelligence, and data analytics startup, has upped its latest funding round to $14.2M, as part of what appears to be an ongoing $17.75M funding effort. The company's President, Jeff Curie, was also an executive at Access360, IBM, and SupplyFrame.

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Arianna Huffington’s Thrive Global is buying a startup that uses neuroscience to boost app usage

TechCrunch LA

Now, Thrive Global is adding a tech tool to its arsenal of cognitive behavioral therapies with the acquisition of the Los Angeles-based startup, Boundless Mind. Terms of the deal were not disclosed, but the stock and cash acquisition will see all nine members of the current Boundless team join Thrive Global.

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Seismic Acquires Grapevine6

socalTECH

San Diego-based Seismic , which develops sales enablement and marketing software, has acquired Grapevien6 , a social and digital sales software developer. Financial terms of the acquisition were not announced. Seismic recently raised $92M in a Series F funding, and is led by co-founder and CEO Doug Winter. READ MORE>>.

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Reports: Harvest.Ai Acquired By Amazon

socalTECH

San Diego-based Harvest.ai , a developer of software that uses machine learning and artificial intelligence to prevent data loss from enterprises, has reportedly has been acquired by Amazon.com. in funding from Trinity Ventures back in March of 2015. The company was reportedly acquired for around $20M.

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LA's Boundless Mind Acquired By Thrive Global

socalTECH

Los Angeles-based artificial intelligence developer Boundless Mind , which is uses AI to personalize the interaction of users on apps, has been acquired by New York-based Thrive Global , a startup founded by Arianna Huffington focused on behavior change. Financial terms of the acquisition were not announced.