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San Diego-based Nervana Systems , a startup developing hardware specifically aimed at artificialintelligence software, has raised $600,000 in a funding round. Aditya Agrawal, Ruchi Sanghvi, and SV Angels. The company--led by Naveen Rao--says it is developing computer hardware specifically for "deep learning".
Los Angeles-based Postie , a new startup focused on using machinelearning and "quant marketing" to direct mail, said on Tuesday that it has raised $3.5M Postie says its tools use machinelearning to provide automation of direct mail, handling everything from testing and optimization to audience modeling and attribution.
Los Angeles-based Qulab , a biopharmaceuticals startup developing artifical intelligence software aimed at small molecule drug design, said on Wednesday that it has launched its first product, Quleap. He also attended USC's Viterbi School of Engineering as a Ph.D.
Los Angeles-based Retina , a startup which develops machinelearning and artificialintelligence software for predicting customer lifetime value (CLV) of a company's customer, said it has launched a new tool that it is offering up to small to middle-market e-commerce businesses.
A few weeks ago, the University of Southern California announced a new startup incubator, the Viterbi Startup Garage ([link] backed by such notable investors as Kleiner Perkins Caufield & Byers and the United Talent Agency. What''s the mission behind the new startup incubator? We have a very large Ph.D.
The new batch of startups coming from across the U.S. Nuggetverse — Los Angeles-based Nuggetverse is creating a children’s media business based on its marquee character, Tubby Nugget. TRASH — using this machinelearning-based video editing toolkit, users can quickly create and edit high-quality, short-form video.
Techstars Los Angeles has just named the ten companies that will be joining the startup accelerator for its 2017 class, saying its theme this year was "going long on LA and southern California". READ MORE>>.
GumGum , the Los Angeles-based startup that’s spent the past decade applying machinelearning technologies to advertising and sports, has spun out a new healthcare startup focused on the dental industry called Pearl. “I started the process of collecting dental x-rays over three years ago.”
Playa del Rey-based The Smart Action Company is looking to apply artificialintelligence (AI) to the interactive voice response market, and has released a new producted focused on internative voice response, or IVR. Tags: smart phone artificialintelligencestartup voice action response. READ MORE>>.
A brand new, Los Angeles-based artificialintelligencestartup, Halla , announced on Wednesday that it has raised $1.4M The startup says it uses machinelearning to help online grocers increase order volume and frequency, helping consumers with such efforts as food discovery and making smarter food choices.
Los Angeles-based March Capital is the lead investor in an artificialintelligencestartup, which is aiming at improving employee service, as it further continues its theme of investing in big data, artificialintelligence, and machinelearningstartups in the enterprise.
One of the hottest sectors of the technology startup market today is the use of artificialintelligence, big data, and machinelearning across many different sectors including finance. One Los Angeles company, ZestFinance (www.zestfinance.com), has been working in this area for a few years.
March Capital Partners , the Los Angeles-based venture capital firm, has raised $300 million for its latest fund. ” Those two themes are borne out in the support March Capital has provided for The Hive , an artificialintelligence-focused incubator, and The Fabric , an infrastructure and internet of things-focused incubator.
The Disney Accelerator , held its Demo Day for its second class on Thursday, showing off ten companies to a theater packed full of venture and angel investors. A number of the companies--showing off one huge advantage of being involved in a program run by Disney--announced deals with Disney properties to use their technology and products.
seems like an unlikely place to grow one of the next billion-dollar startups in the booming Los Angeles tech ecosystem. But it’s here in the (other) Valley’s southernmost edge that investors have found a startup they consider to be the next potential billion-dollar “unicorn” that will come out of Los Angeles.
Los Angeles-based Pearl , the machinelearningstartup which was spun out of advertising AI software startup GumGum , has raised $11M in a funding round, which came from Craft Ventures, as well as un-named strategic investors.
Los Angeles-based startup MSBAI, which is developing artificialintelligence tools for assisting in engineering reports it has received a $1M US Air Force grant. According to MSBAI, its autonomous system for engineering simulation sets up engineering simulations in minutes that used to take humans hours.
This morning, Snap joined a host of startup accelerators shifting its demo day online amid the COVID-19 quarantine. With its third class of startups, Yellow, Snap’s in-house startup accelerator that launched in 2018, brought investors and founders together in private slack channels after a live-streamed presentation.
On Tuesday, Haptik announced it has acqui-hired Convrg, a Los Angeles-based startup that develops chatbots, to serve customers in North America. The startup had raised only a “small seed round” prior to today’s announcement, Vaish said, declining to reveal any financial details. We have done some business in the U.S.
Los Angeles-based fintech startup ZestFinance appears to be on the cusp of a deal with housing finance giant Freddie Mac , according to a report today in the WSJ. ZestFinance is using machinelearning and artificialintelligence to make more accurate credit decisions.
A new startup, Algorithmia , which was co-founded by a USC PhD student, said today that it has raised $2.4M The startup--which was co-founded by Kenny Daniel, who was recently pursuing a PhD in ArtificialIntelligence at USC--says that it has created an online platform to let software engineers find different algorithms for us.
While current technologies are not quite advanced enough to make Westworld a reality, startups are attempting to replicate the sort of human-robot interaction it presents in virtual space. I think in this age and time, that’s not what we want to get into,” Xinjie Ma, who heads up marketing for rct, told TechCrunch.
Los Angeles-based venture investor TenOneTen Ventures is one of the investors in a newly launched startup, which is looking to use artificialintelligence and DNA testing to identify autism and other medical conditions. The startup recently graduated from Y Combinator, and is based in the Bay Area.
Riot Ventures , the Los Angeles-based, early-stage and deep technology investment firm is going out to market to raise a $75 million second fund to finance the development of startups in LA and beyond, according to fundraising documents viewed by TechCrunch. Marcus has a long background in angel investing and company creation.
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 machinelearning algorithms which help users determine who they can trust in real time.
Los Angeles-based fintech startup InvestCloud and seed-stage venture capital fund Stage Venture Partners have announced a new collaboration, where Stage will move into InvestCloud's "Innovation Center" in Los Angeles. Stage says it recently raised its second fund. READ MORE>>.
million in seed funding to begin building a manufacturing facility and expand its presence in Los Angeles as the city continues to grow as a hub for robotics and automation. . Gross and Barnehama met through a mutual friend in the robotics industry in Los Angeles, the chief executive of Embodied, Paolo Pirjanian, Barnehama wrote in an email.
Two years and more than $17 million after it first began working on its robots for quality assurance, the Los Angeles-based Elementary Robotics has finally made its products commercially available. “Machinelearning paired with humans always performs better,” says Barnehama. We’re not really a lights-out factory.”
Pasadena-based Virtualitics , a new startup which provides data visualization in virtual reality (VR) and augmented reality (AR) environments, and says it uses machinelearning and artificialintelligence, has raised $3M in a seed funding round. The funding came from un-named angel investors.
MarketerHire , a Los Angeles-based startup backed by a slew of executives from some of the city’s hottest startups, launched its new service matching freelance marketing experts with open jobs listed on its platform. . Brands can typically fill their open positions in as little as 48 hours, the company said.
The Los Angeles-based app development shop, V/One , is giving away 50,000 free mobile app builds through the rest of April as the company officially launches its platform for would-be, LA-based mobile app moguls. Builds of the apps will be delivered around 60 days upon signing up,” said V One founder, Jeremy Redman.
Such that during that time, Chris “learned how to learn.”. 2. Chris then discussed his time as founder and CEO of SiteAdvisor, his first venture-backed startup. We then went back to talking about how to choose the space in which your startup is operating.
Los Angeles-based food alternative developer Soylent has rolled out a new chatbot, called "Trish", and started accepting Bitcoin from its customers. In related news, Soylent says it has opened up a Bitcoin store called Soy Route on the "Dark Web", which it says is a nod to it's core community.
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.
Irvine-based Bitvore , the big data, artificialintelligence, 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. READ MORE>>.
LiveEdu (aka Education Ecosystem), a new startup in the blockchain area which wants to enable the live streaming of educational content, said it has raised $10M in crowdfunding, and set up its headquarters in Los Angeles. Education Ecosystem's CEO is Dr. Michael J. READ MORE>>.
Ventura-based Apollo Robotics , a new startup developing autonomous drone hardware and software aimed at automated surveying, announced this morning that it has named Rob Cammack as its Chief Executive Officer. Cammack is an existing angel investor in the company. READ MORE>>.
Papaya is a Los Angeles-based startup with a mission to do just that. The company’s mobile application lets users take a photo of any bill and then its artificialintelligence-powered “bill-understanding technology” makes sure it gets paid (after a user has provided payment details, of course). In this respect, the U.S.
Los Angeles-based ZENEDGE , a startup developing cloud-based web application firewall and cybersecurity products, said it has launched a product called ZENEDGE AI. The company says its products are an alternative to current, signature-based approaches to application security.
Hello and welcome back to Startups Weekly, a weekend newsletter that dives into the week’s noteworthy news pertaining to startups and venture capital. Before I jump into today’s topic, let’s catch up a bit. Last week, I profiled an e-commerce startup Part & Parcel. Startup Spotlight: Landline. is negative.
Los Angeles-based Sunbit , a fintech startup which provides point-of-sale financing for purchases, using machinelearning to qualify consumers, has raised $26M in a Series B funding round, the company said this week. Oren Zeev, the founding partner of Zeev Ventures, joins Sunbit's board along with the funding.
Metropolis is a new Los Angeles-based startup that’s looking to compete with BMW-owned ParkMobile for a slice of the automated parking lot management market. And REEF’s $700 million round of funding from last year shows there’s a lot of money to be made — or at least spent — in a parking lot.
Irvine-based online advertising firm Adaptive Medias is announcing this morning that it has acquired Ember , one of the companies incubated out of the StartEngine startup accelerator in Los Angeles. Financial terms of the buy were not announced.
Los Angeles-based Camino Financial , a fintech startup offering up small business loans to Latinx businesses, announced an $8M funding round this morning, its Series A. The company said it is using machinelearningmodels to make credit and other financial products available to those entrepreneurs.
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