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JMI Equity Backs Jvion's Healthcare AI Software

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San Diego- and Baltimore-based private equity investor JMI Equity is the lead backer of a developer of artificial intelligence software for the healthcare industry this morning. The funding was led by JMI Equity, and also included Health Enterprise Partners (HEP) and Health Velocity Capital (HVC).

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ringDNA Adds AI-Powered Sales Coaching

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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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Veritone Gets Acquisition Bid From Apis Capital Management

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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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Camino Financial Collects $8M

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As part of that funding, $3M in convertible notes, from DILA Capital, 10x Capital Management, and others, will convert into equity. The company said it is using machine learning models to make credit and other financial products available to those entrepreneurs.

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Shamrock Capital Backs Pixellot In $30M Funding

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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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SmartAction Finds Funding From Staley, TVC Capital

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El Seguno-based SmartAction , which is developing artificial intelligence-driven, call center automation software, said today that it has raised funding in a management recapitalization by private equity investors Staley Capital and TVC Capital. Financial details of the recapitalization were not announced.

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AlphaTrAI Taps QuantConnect For AI Powered Stock Trading, Picking

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AlphaTrAI says it has developed artificial intelligence software which can pick, trade, and manage stocks better than humans. According to the startup, it has been running its software for the last three years, with its algorithms achieving a 58 percent average annual return on capital--consistently outperforming the S&P 500.