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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. BlockFraud is led by CEO Massimo Cristini.

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Why 2017 Should be a Great Year to Raise Venture Capital

Both Sides of the Table

Recently Upfront Ventures published its outlook for the technology startup world and venture capital overall titled it “ WTF Happened to Winter ?” The conclusion of our report was that winter did come, but it was mild and short.

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Startups Optimistic About Business Conditions, Despite Uncertainty, Says Report

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A new report issued today by Silicon Valley Bank, says that startups are generally optimistic about their business opportunities, and they plan to raise capital and expand their workforces this year, despite "economic and political" uncertainty across the globe. SVB posted its full report online.

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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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Nervana’s $400M+ Buyout Reflects Key Tech Trend in Machine Learning

Xconomy

On the day after Intel announced its acquisition of San Diego machine learning startup Nervana Systems, investor Steve Jurvetson told me he was feeling a sense of satisfaction about a call he made three years ago, and how it has been playing out.

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HONK Reports Increased Roadside Assistance Calls

socalTECH

The company said it is using machine learning and automation to expand its operational efficiency. Honk has raised $30M in funding, from such investors as Altpoint Ventures, Structure Capital and Venture 51.Brundage The company said those numbers demonstrate the company's "grow and momentum" despite the pandemic. and Fonality.

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Narrativa Raises $1.3M

socalTECH

Los Angeles-based Narrativa, a developer of artificial intelligence software aimed at helping pharmaceutical companies with FDA drug approvals, says it has raised $1.3M According to Narrativa, it is using its AI software to automate the generation of Clinical Study Reports (CSRs) and other regulatory reports.