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Sixgill Rolls Out Machine Learning Tool

socalTECH

Santa Monica-based software developer Sixgill has launched a new product this morning, saying it has unveiled a new application called HyperLabel, which helps developers, engineers, and data scientists implement machine learning. Sixgill is venture backed by DRW Venture Capital and Mobile Financial Partners.

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BlockFraud Finds $5M For Anti-Fraud Software

socalTECH

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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Product Sciences Picks Up $18M For Mobile App Analysis

socalTECH

The company says it is developing software that analyzes pre-product, mobile application code using artificial intelligence, to help improve mobile performance of apps. The company's founders--David, Daniil, Anna and Maria Liberman--are all siblings who worked at Snap.

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Papaya raises $50M to give you a way to pay bills via its mobile app

TechCrunch LA

The company’s mobile application lets users take a photo of any bill and then its artificial intelligence-powered “bill-understanding technology” makes sure it gets paid (after a user has provided payment details, of course). has been an anomaly, with only 3% of bills being paid by a mobile device.

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Trace Gets Funding From Intel Capital

socalTECH

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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EvoNexus, UC San Diego Team On FinTech Efforts

socalTECH

EvoNexus says it is looking for fintech startups in the areas of artificial intelligence/machine learning, bank/wealth/payment technology, capital markets technology, cybersecurity, blockchain, mobile payments, P2P lending, digital cash, InsurTech, RegTech, data science and predictive behavior analytics.

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Presence.Fit Raises $1.5M, Launches Mobile Fitness App

socalTECH

in a funding, and launched a new, mobile fitness app which combines live instruction with real time sensing of motion and metrics. The startup--cofounded by Dr. Masaki Nakada and Robert Jadon--says its combines artificial intelligence with live personal trainers, and runs on the iPhone. The company's app and service cost $49.99

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