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Ingram Micro Makes Investment In E-Commerce Logistics Robotics Firm

socalTECH

Irvine-based technology distributor Ingram Micro has made an investment in e-commerce logistics startup HDS , which is developing a robotics system which uses artificial intelligence and mobile, articulated robots for the logistics industry. READ MORE>>.

Commerce 133
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FASHIONPHILE Finds $38.5M For Luxury E-Commerce

socalTECH

Carlsbad-based FASHIONPHILE , and e-commerce company which sells pre-owned luxury handbags, watches, and fine jewelry, has raised $38.5M The company also said the funding will go towards advancing its technology, including automation and artificial intelligence software. in a Series B funding round. READ MORE>>.

Commerce 124
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TrackStreet Takes $2M For E-Commerce Monitoring

socalTECH

Santa Barbara-based TrackStreet , a developer of software to help manufacturers monitor their channel and e-commerce sites--and in particular, minimum-advertising-price (MAP) policies--has raised $2M in seed funding, the company said Wednesday.

Commerce 124
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Bridg Acquired By Cardlytics For $350M

socalTECH

Los Angeles-based Bridg, a venture backed company which develops software to help e-commerce retailers improve their sales, has been sold for $350M in cash to Cardlytics. The company's software uses artificial intelligence and big data to help retailers with their e-commerce efforts.

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LA, and Southern California's Surge In Venture Capital Funds

socalTECH

Core Innovation Capital. Managing Directors: Tx Zhuo and Eva Ho Investment interests: Data, artificial intelligence-enabled technologies, and automation being applied to enterprise software, financial services, marketplace, and digital health. Moonshots Capital. www.corevc.com. Fund size: $100M fund. Okapi Ventures.

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Bridg Acquired For Cardlytics For $350M

socalTECH

Los Angeles-based Bridg, a venture backed company which develops software to help e-commerce retailers improve their sales, has been sold for $350M in cash to Cardlytics. Bridg, led by Amit Jain, was venture backed by Morpheus Ventures, March Capital, as well as other local investors.

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Buying Shoes? Digital Stylists Use A.I. to Suggest Clothing to Match

Xconomy

” That question, along with a realization that she found herself asking it repeatedly over a variety of her purchases—from clothing items to housewares—led her to found FindMine, an e-commerce startup that uses machine learning and artificial intelligence to help shoppers find clothing items that.