socalTECH

MAY 15, 2019

A brand new, Los Angeles-based artificial intelligence startup, Halla , announced on Wednesday that it has raised $1.4M in its seed funding round, to help it expand its development of personalization technology for online grocers. The company said it has now raised a total of $1.9M

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socalTECH

JUNE 21, 2017

Santa Monica-based BlockFraud , a developer of machine learning and artificial intelligence software used for detecting mobile fraud, has reportedly raised $5M in a Series A funding, the company disclosed on Wednesday. The funding was led by Palisades Venture Capital. READ MORE>>.

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socalTECH

DECEMBER 14, 2015

Elon Musk , the billionaire technology mogul behind SpaceX, has put some money behind--surprisingly--an effort to help developer artificial intelligence research.

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socalTECH

AUGUST 21, 2014

for its hardware-based, machine learning tools, according to the company. AME Cloud Ventures, and Fuel Capital. Nervana is developing machine learning technology--including software and hardware--which is being targeted at a wide range of areas. San Diego-based Nervana System has raised $3.3M READ MORE>>.

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socalTECH

AUGUST 13, 2021

Singapore-based investment firm b>Temasek says it is funding and has launched a new, artificial intelligence startup that is headquartered in San Diego and Singapore, called Aicadium. The new startup will focus on developing a common machine learning platform to deliver AI-as-a-Service from discovery to deployment.

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socalTECH

APRIL 15, 2020

Frame AI is a developer of artificial intelligence and machine learning used by companies to understand customer churn and behavior. Frame AI said this morning that it raised $6.3M in its Series A funding round, which was led by G20 Ventures and Greycroft.

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socalTECH

AUGUST 23, 2021

The company said it is developing machine learning algorithms which help users determine who they can trust in real time. The company said the funds will go towards the acquisition and collection of data, and also go to expand its artificial intelligence search, monitoring, and natural language processing capabilities.

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socalTECH

OCTOBER 15, 2020

San Diego-based AlphaTrAI , a fintech startup which is backed by venture capital investor Analytics Ventures, says it is launching its own, extrenal fund, and is expanding its leadership team. the founder of Hightree Advisors, to its advisory board.

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Tech.Co

JULY 13, 2023

According to Ars Technica , back in April, Musk secured a range of Graphic Processing Units (GPUs) from computer hardware behemoth Nvidia, necessary for building the large language models that power chatbots like Bard and ChatGPT. Corp” in Nevada, according to business records seen by the Financial Times. Will xAI Rival OpenAI?

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socalTECH

JULY 12, 2017

Laguna Hills-based Ephesoft , a developer of document capture software, has raise $15M in a Series A funding, the company said this week. Ephesoft develops machine learning software which is used to capture, extract, and analyze unstructured content from financial, federal, insurance, mortgage, and healthcare documents.

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socalTECH

OCTOBER 16, 2017

Los Angeles- and South San Francisco-based Unity Influence , a developer of influencer advertising software, has raised $1M in funding, according to the company. Unity Influence is using machine learning and artificial intelligence tools to connect advertisers with "micro-influencers".

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socalTECH

APRIL 23, 2019

Los Angeles- and Austin-based Slingshot Aerospace , the venture-backed developer of artificial intelligence software for processing satellite, aerial, and drone imaging, said this morning that it has won a $6M contract award, from the Air Force Space and Missile Systems Center (SMC).

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socalTECH

OCTOBER 20, 2017

Los Angeles-based Trace , a developer of mobile apps which automatically track your sports activity using sensors, video, and artificial intelligence, has scored a round of investment from Intel Capital. Size of the funding round was not announced. READ MORE>>.

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socalTECH

FEBRUARY 5, 2020

Irvine-based NGD Systems , a company developing "computational storage" devices which can run AI, machine learning, and analytics functions within data storage devices, has raised $20M in a Series C funding, the company said this morning. The funding was led by MIG Capital, and also included Western Digital Capital Global, Ltd.

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L.A. Business Journal

AUGUST 14, 2019

Santa Monica-based venture investors March Capital Partners led a $51 million Series C round for conversational artificial intelligence developers Uniphore Software Systems Private Ltd.

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socalTECH

NOVEMBER 13, 2019

Los Angeles-based ringDNA , which develops artificial intelligence software for the sales market, has added a new sales coaching product that uses artificial intelligence to help improve sales teams. Pricing on the new product was not announced. READ MORE>>.

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socalTECH

JANUARY 10, 2023

La Jolla-based Personal AI, which is developing artificial intelligence software to help users draft personal messages, retain, and recall personal information, has raised $7.8M in a seed funding round. Suman Kanuganti is Co-Founder and CEO of Personal.ai.

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socalTECH

MARCH 23, 2021

According to the conference, it awarded $200,000 to Advocat Technologies, a developer of artificial intelligence (AI) software for research and drafting at enterprise legal departments, and another $300,000 split between ChargeNet Stations, Digital Proteomics, Fluid Power AI, and Verity.

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socalTECH

DECEMBER 13, 2016

The Investment Group of Santa Barbara (IGSB) is one of the backers this week in machine learning and artificial intelligence software developer Solvvy. Solvvy says it has raised $4.5M

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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. According to Veritone, Apis has offered to acquire all of its outstanding shares for $10.26 per share in cash.

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Xconomy

NOVEMBER 25, 2019

Those tools—artificial intelligence and machine learning, respectively—have been around for decades, but in recent years have become faster and cheaper, accelerating their use by those in the business of discovering and developing new drugs. Andreessen Horowitz, also.

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socalTECH

AUGUST 4, 2020

Irvine-based Syntiant , a developer of processors used for artificial intelligence applications, has raised $35M more in the company's Series C funding round. Syntiant develops low power chips used for neural networking, and edge-based artificial intelligence (AI) applications, including voice recognition.

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socalTECH

AUGUST 13, 2019

Los Angeles-based venture investor March Capital is the lead investor in a $51M, Series C funding round for Uniphore , which also included Chiratae Ventures (formerly IDG Ventures), Sistema Asia, CXO Fund, ITP, Iron Pillar, Patni Family, and others. March Capital's investment in Uniphore was led by Sumant Mandal. 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. The company also has raised funding from Alibaba Entrepreneurs Fund, CDIB, Himax Technologies, Qualcomm, Thundersoft, and Sequoia Capital. Kneron was founded in 2015.

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socalTECH

AUGUST 25, 2021

Los Angeles-based involve.ai, a startup developing artificial intelligence-based customer retention software, said today that it has raised $16M in its Series A funding round. The company said the new funding will go to scale product development. The company was founded by and is led by Gaurav Bhattacharya.

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socalTECH

APRIL 7, 2020

Pasadena-based Miso Robotics , which is developing robots for the quick serve restaurant industry, says it has launched a new Series C crowdfunding campaign, where it hopes to raise a total of $30M in funding. According to the company, it has over $2.6M According to the company, it has over $2.6M

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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

MAY 16, 2018

San Juan Capistrano-based OspreyData , a developer of data analytics software used for the oil and gas business, says it has raised $5M in a series A funding round. Osprey Data uses machine learning and artificial intelligence technology to help optimize oil and gas production, monitor oil well status, and more.

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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

FEBRUARY 16, 2016

Irvine-based cybersecurity software developer Cylance said today that it has entered into a strategic partnership with In-Q-Tel , the investment arm of the U.S. intelligence community. The company said the agreement will support further development of its artificial intelligence and machine learning technology.

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socalTECH

OCTOBER 23, 2019

Los Angeles-based LegalMation , a startup which develops artificial intelligence and machine learning-based software for litigation and law practices, has raised a round of funding, according to the company. Size of the funding was not announced.

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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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socalTECH

FEBRUARY 20, 2014

Irvine-based cybersecurity software developer Cylance announced today that it has raised $20M in a Series B funding, which came from Blackstone, Khosla Ventures, Fairhaven Capital and un-named private investors. Cylance says it is applying artificial intelligence, algorithmic science and machine learning to cyber security.

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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. is led by CEO Ali Golshan.

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socalTECH

FEBRUARY 6, 2019

San Diego-based AlphaTrAI , a fintech startup backed by Analytics Ventures, says it has connected with QuantConnect, the developer of an open trading engine, to run its AI software. AlphaTrAI says it has developed artificial intelligence software which can pick, trade, and manage stocks better than humans.

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socalTECH

SEPTEMBER 27, 2021

Venice, California-based Thankful, a new artificial intelligence software startup focused on customer service, announced this morning that it has raised $12M in its Series A funding round. The funding was led by Alpha Edison, and also included Bonfire Ventures, Ten-One-Ten, Greycroft, Omega, and Miramar Ventures.

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socalTECH

NOVEMBER 30, 2021

Smeby previously has served at such companies at Capital One and Ellucian, and founded a startup named TuitionCoin. Camino Financial develops artificial intelligence software for offering up credit to underserved, Latinx entrepreneurs. According to the company, it has appoined Eric Smeby to the position.

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