Xconomy

JULY 2, 2017

These are heady times for using artificial intelligence to extract insights from healthcare data—in particular, from the tidal wave of information coming out of fields like genomics and medical imaging. How can healthcare companies use AI to “bend the curve” of increasing healthcare costs?

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socalTECH

OCTOBER 17, 2019

According to AWM Smart Shelf, the funding round was led by Impact Venture Capital, and also included Mark IV Capital and The Contrarian Group. The company said the new funding will go towards accelerating growth of its technology, among other efforts. Adroit Media Worldwide is lead by CEO Kevin Howard. READ MORE>>.

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Tech.Co

JULY 13, 2023

Despite a packed schedule of obnoxious tweeting, lawsuits, and organizing a cage match with Meta CEO Mark Zuckerberg, Elon Musk has found time to launch a new AI company called xAI. Remove Your Date From the Web Today Incogni by Surfshark can help you reclaim your information from third-party vendors. Will xAI Rival OpenAI?

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socalTECH

NOVEMBER 28, 2018

San Diego-based Qualcomm announced on Wednesday that it has launched a brand new, venture capital investment fund, which will focus only an artificial intelligence. The first investment out of the fund is in AnyVision , a startup working on face, body, and object recognition. READ MORE>>.

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socalTECH

APRIL 9, 2019

San Diego-based startup incubator operator EvoNexus is launching a brand new, financial technology (Fintech) incubator, in a partnership with Royal Bank of Canada (RBC) and Franklin Templeton , the incubator announced this morning.

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socalTECH

OCTOBER 11, 2018

Los Angeles-based Moonshots Capital , the venture capital investment firm led by Kelly Perdew and Craig Cummings, has raised its first official fund, a $19M seed stage venture fund. Moonshots said the new fund will focus on seed stage deals, holding reserve capital for follow-on pro rata.

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socalTECH

MAY 9, 2019

Los Angeles-based Pearl , the machine learning startup 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.

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socalTECH

DECEMBER 11, 2018

Costa Mesa-based Veritone , a developer of artificial intelligence software, said it has received an unsolicited acquisition bid from private equity firm Apis Capital Management. per share in cash for the company, which it received on December 4th from Apis. per share in cash. READ MORE>>.

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Xconomy

MARCH 26, 2018

Artificial intelligence innovation has become part of our everyday lives—retailers use it to tailor the product recommendations they make; biotech companies hope it can create customized medicine. Take, for example, facial recognition technologies that work best on white people and make the most errors on black people.

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socalTECH

JUNE 19, 2019

Los Angeles-based venture investor TenOneTen Ventures is one of the investors in a newly launched startup, which is looking to use artificial intelligence and DNA testing to identify autism and other medical conditions. The company's CEO and co-founder is Lukas Lange. Size of the investment round was not announced.

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socalTECH

APRIL 24, 2019

San Diego- and Irvine-based startup incubator operator EvoNexus says it is looking to attract financial technology (fintech) startups, and is now accepting startup applications for a new financial technology incubator it has launched with Franklin Templeton and Royal Bank of Canada. READ MORE>>.

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socalTECH

JANUARY 23, 2020

San Diego-based Kneron , a developer of artificial intelligence software, has raised $40M more in Series A funding, from investor Horizons Ventures. Accoring to Deal Street Asia, the funding brings the company's total to $73M. Horizons Ventures it the venture arm of Hong Kong tycoon Li Ka-Shing. Kneron was founded in 2015.

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TechCrunch LA

APRIL 8, 2021

In a small industrial park located nearly halfway between Los Angeles and San Diego, one company is claiming to have hit a milestone in the development of a new technology for generating power from nuclear fusion. Now, the company said, it has achieved the necessary temperatures to make its reactors commercially viable.

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socalTECH

DECEMBER 23, 2019

Every year, at the end of the year, we share some reflections on the past year from our readers, entrepreneurs, venture capitalists, sponsors, and others in the local technology community. What was the biggest news for you/your company this year? With support from prior backers of mine, Thin Line Capital was launched.

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socalTECH

MAY 16, 2018

Osprey Data uses machine learning and artificial intelligence technology to help optimize oil and gas production, monitor oil well status, and more. The company's CEO is John Burke. The funding was led by Houston Ventures. READ MORE>>.

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socalTECH

OCTOBER 7, 2021

San Diego-based Gretel.ai, a startup which is developing privacy technology, has raised $50M in a Series B funding, the company said today. The funding was led by Anthos Capital, and also included Section 32, Greylock, and Moonshots Capital. According to the company, it has now raised $65.5M.

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socalTECH

APRIL 17, 2019

A new, Los Angeles venture capital fund, AET Fund said on Wednesday that it has raised $50M to make investments in entertainment technology, and hired someone to head up its U.S. investment efforts. AET Fund had said last year that it would be establishing its venture funding efforts in Los Angeles. OCTI, RosieReality Inc., and ALE Co.,

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socalTECH

JUNE 29, 2017

Investment interests: Consumer Internet, eCommerce, enterprise software, cloud computing, financial technology, advertising technology. Managing Directors: Jeff Stibel, Kobe Bryant Investment interests: Focus on the convergence of technology, media and data (TMD), as well as in industries such as sports and wellness. Section 32.

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socalTECH

SEPTEMBER 10, 2018

Los Angeles-based private equity investor Shamrock Capital reports this morning that it has led a $30M investment in Pixellot , an Israeli firm developing automatic, artificial intelligence-driven software for producing streaming sports video. Pixellot has now raised more than $40M in funding.

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socalTECH

JUNE 14, 2018

Los Angeles-based Catasys , a provider of AI- and technology-enabled healthcare services, said today that it has received $10M in a debt financing round, split between a receivable facility agreement of $2.5 million with Horizon Technology Finance Corporation.

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socalTECH

AUGUST 31, 2017

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>>.

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socalTECH

JANUARY 28, 2020

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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socalTECH

FEBRUARY 16, 2016

The company said the agreement will support further development of its artificial intelligence and machine learning technology. Cylance, led by Stuart McClure, uses artificial intelligence on endpoints to analyze the "DNA" of files to prevent malicious attacks and malware. READ MORE>>.

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socalTECH

JANUARY 9, 2018

The company has now raised over $30M in funding. According to REX co-founder and CEO, Jack Ryan, it has developed a technology platform which helps homeowners sell their homes, without going through a traditional agent or MLS. The company only charges a 2 percent, flat free.

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socalTECH

JULY 16, 2021

San Diego-based Entos, a developer of artificial intelligence and automated synthetic development technology for designing small-molecule therapeutics, has raised $53M in a Series A funding. The funding was led by Coatue, and also included Catalio Capital Management, OrbiMed, Sequoia CApital, Nexus Ventures, and Freeflow.

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Xconomy

DECEMBER 27, 2018

[ Updated 12/27/18, 9:54 am ] Manoj Saxena is bullish on artificial intelligence. startup CognitiveScale and managing director of The Entrepreneur Fund , which makes investments in early-stage machine learning companies, Saxena believes A.I. technologies. As chairman of Austin, TX-based A.I.

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socalTECH

FEBRUARY 3, 2021

Marina Del Rey-based LeaseLock, which is developing artificial intelligence technology and lease insurance products to eliminate the need for security deposits, has raised $52M in its Series B funding round, the company announced this morning. The company said it has so far insured $1 billion in leases.

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socalTECH

JULY 22, 2020

According to the company, the round--a Seed-2 funding--was led by Okapi Capital, and also included The Cove Fund, Early Light Ventures, SaaS Venture Capital, and Stage Venture Partners and Brad Perry (co-founder of Dealer Socket), along with others. The founder and CEO of TrackStreet is Andrew Schydlowsky. READ MORE>>.

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socalTECH

NOVEMBER 14, 2017

Los Angeles-based venture capital investor TenOneTen Ventures is one of the backers in a round for consumer debt collection technology startup TrueAccord , which was announced this morning. The Series B funding for San Francisco-based TrueAccord was worth $22M, and was led by Arbor Ventures.

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TechCrunch LA

FEBRUARY 13, 2020

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.

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socalTECH

OCTOBER 18, 2018

El Segundo-based CUJO AI , a developer of artificial intelligence-based cybersecurity software for telecom network operators, has raised a round of growth capital from KPN Ventures, the company said this morning. KPN Ventures is the corporate venture capital arm of Netherlands-based KPN, a large telecom company.

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socalTECH

OCTOBER 4, 2017

FogHorn Systems , a developer of machine learning software for the industrial and commercial IoT market, which is backed by Santa Monica-based venture investor March Capital, has scored more funding. FogHorn Systems is based in Mountain View, California. READ MORE>>.

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socalTECH

JANUARY 22, 2019

Los Angeles-based REX , which is developing technology buying and selling homes, said on Monday that it has raised $45M in a Series C funding round. REX says it acts as a licensed, residential real estate brokerage, using artificial intelligence and big data to power its services. The company's co-founder and CEO is Jack Ryan.

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socalTECH

FEBRUARY 1, 2022

The company said it is undergoing a "SEC review process" ahead of the new crowdfunding effort. Miso Robotics is early into deploying its robots to take over mundane tasks in restaurants, such as flipping burgers, using machine vision and artificial intelligence technology. The company is led by CEO Mike Bell.

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socalTECH

NOVEMBER 18, 2021

Los Angeles-based Machina Labs, a company which is developing robotics and artificial intelligence (AI) technology aimed at improving manufacturing, has raised $16.3M According to the company, the funding was led by Innovation Endeavors and also included Congruent Ventures and Embark Ventures.

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socalTECH

DECEMBER 13, 2021

The company said it is building artificial intelligence (AI) technology for the film and "Metaverse" markets. The company said it is developing AI-powered production tools, which provides improved cost and speed for media production and post-production.

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TechCrunch LA

DECEMBER 15, 2021

So I think it’s safe to say that any technology that can make the process easier is welcome by all. It has developed technology to give people a way to pay bills outside of traditional methods, such as through the mail, over the phone or via a Web portal. Paying bills is hardly a fun thing. It’s a true universal payment method.”.

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