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SanDiego-based Nervana Systems , a startup developing hardware specifically aimed at artificialintelligence software, has raised $600,000 in a funding round. The company--led by Naveen Rao--says it is developing computer hardware specifically for "deep learning". Aditya Agrawal, Ruchi Sanghvi, and SV Angels.
SanDiego-based Nervana System has raised $3.3M for its hardware-based, machinelearning tools, according to the company. AME Cloud Ventures, and Fuel Capital. Nervana is developing machinelearning technology--including software and hardware--which is being targeted at a wide range of areas.
SanDiego- and Orange County-based startup incubator EvoNexus and the University of California SanDiego's Rady School of Management announced this morning that the two are in a new partnership, aimed at creating a new generation of FinTech startups.
SanDiego-based Reveal Biosciences , a startup applying artificialintelligence (AI) and machinelearning to pathology, has received a round of funding from Intel Capital , the corporate venturing arm of microprocessor giant Intel. Size of the investment in Reveal Biosciences was not announced.
Singapore-based investment firm b>Temasek says it is funding and has launched a new, artificialintelligence startup that is headquartered in SanDiego and Singapore, called Aicadium. The new startup will focus on developing a common machinelearning platform to deliver AI-as-a-Service from discovery to deployment.
The SanDiego Angel Conference, an angel investing effort which is run by the University of SanDiego (USD) School of Business, says it has made investments in five companies at its conference this year, worth a total of $500,000.
SanDiego-based Erasca , a company which is using artificialintelligence to drive the discovery and development of new oncology drugs to help cure cancer, has raised $64M in a Series A funding, the company said this morning. According to the company, the new funding will to towards.
SanDiego-based Model Medicines, a company that is developing artificialintelligence and machinelearning software for the drug discovery and development process, has raised $4.1M in a funding round. The funding came from 8VC, Irving Investors, Particle X and Nex Cubed.
These are heady times for using artificialintelligence to extract insights from healthcare data—in particular, from the tidal wave of information coming out of fields like genomics and medical imaging. This story is part of an ongoing Xconomy series on A.I. in healthcare.
SanDiego-based Qualcomm announced on Wednesday that it has launched a brand new, venture capital investment fund, which will focus only an artificialintelligence. The first investment out of the fund is in AnyVision , a startup working on face, body, and object recognition.
SanDiego-based Deckard Technologies , a new startup founded by serial entrepreneur Neil Senturia, said on Monday that it has raised $4M in funding and launched a new company focused on using artificialintelligence (AI) to identify property tax scofflaws. The company said its latest funding was worth $500,000.
SanDiego-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.
SanDiego-based TealTech Capital , a new, $60M venture investment fund backed by Torrey Pines Investment, has launched its new investment fund, and made its first investment. Size of the investment in TealNet MMO was not announced.
Let’s catch up with the latest tech news in SanDiego. —SanDiego’s AON Devices was among 10 startups selected to compete at a recent pitch competition hosted by the corporate venture capital arm of Qualcomm (NASDAQ: QCOM ). Read more » Reprints | Share:
Summer can be a slow time in SanDiego, but its startups have stayed busy. —Ezoic, a startup that developed software for web publishers that uses machinelearning techniques to personalize layouts and ad placements for site visitors, raised $33 million to further develop its technology. .
Those tools—artificialintelligence and machinelearning, 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.
El Seguno-based SmartAction , which is developing artificialintelligence-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. Staley Capital is based in Boston, and TVC Capital is based in SanDiego.
ServiceNow , the developer of information technology service management software which has major operatinos in SanDiego, 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
SanDiego-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.
SanDiego-based Kneron , a developer of artificialintelligence 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.
SanDiego- 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.
This week, we’re focusing on artificialintelligence, one of the buzziest fields in tech. Or, maybe instead, it’s a day filled with long lunches and listless Internet surfing, as you seek out all the interesting articles you missed during the week. Here are a. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.
Three, local venture capital investors -- Miramar Venture Partners , Okapi Venture Capital , and Qualcomm Ventures -- are part of a group investing $22.1M Miramar and Okapi are in Orange County, and Qualcomm is in SanDiego. in healthcare software developer Welltok , which announced a big funding round this morning.
SanDiego-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 artificialintelligence software which can pick, trade, and manage stocks better than humans.
SanDiego-based Deep Longevity , a new startup using artificialintelligence to focused on aging-related biomarkers, has raised a Series A funding round, the company said on Tuesday. Size of the investment was not announced. READ MORE>>.
SanDiego-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.
SanDiego-based Nervana Systems , a developer of artificialintelligence and "deep learning" technology, has been acquired by Intel , in a deal that is reportedly worth $350M. Nervana will continue to operate out of its headquarters in SanDiego. READ MORE>>.
SanDiego-based Entos, a developer of artificialintelligence 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.
In a keynote talk Tuesday night that was a headliner event for Startup Week SanDiego, Calacanis observed that it doesn’t feel like the millennial generation is doing as well financially as their parents’ generation.
[ Updated 12/27/18, 9:54 am ] Manoj Saxena is bullish on artificialintelligence. startup CognitiveScale and managing director of The Entrepreneur Fund , which makes investments in early-stage machinelearning companies, Saxena believes A.I. As chairman of Austin, TX-based A.I.
SanDiego-based Harvest.ai , a startup which says it was created by former, NSA field operation team members, has raised $2.3M said it is developing artificialintelligence-based, data loss prevention software, which helps prevent data breaches from organizations. in a seed funding. Harvest.ai READ MORE>>.
SanDiego-based Brain Corp. , a startup developing artificialintelligence software that powers self-driving robots, has raised $114M in a Series C funding round. The funding was led by SoftBank Vision Fund, and also included Qualcomm Ventures. Brain Corp.
Artificialintelligence 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. But its shortcomings, born of human biases, are becoming apparent as well.
SanDiego- and Baltimore-based private equity investor JMI Equity is the lead backer of a developer of artificialintelligence 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). READ MORE>>.
SanDiego-based Shield AI, which is developing artificialintelligence software for automated drone piloting, says it has set up an office in the UAE, led by a former Navy SEAL Vice Admiral. Harward is a retired United States Navy Vice Admiral (SEAL) and a former Deputy Commander of the United States Central Command.
A 25-person startup developing advanced computing tools to speed up pathology work has raised its first institutional financing from a group of investors led by Intel Capital, the corporate investment arm of the chipmaker.
SanDiego-based machinelearning software developer Point Predictive has raised a new, Series B growth financing round, the company announced this morning. Point Predictive is led by CEO Time Grace; the company's machinelearning software is used for automotive lending risk management. READ MORE>>.
SanDiego-based fintech startup Trovata.io , which is developing software to automate cash management, has raised $5.5M The funding was co-lead by FINTOP Capital and JPMorgan Chase. in a seed funding round, the company said this week. READ MORE>>.
SanDiego-based Applied Data Finance , a lender which uses data science and machinelearning to issue unsecured personal loans, has raised $14.2M According to the company, the capital raise was led by its existing investors. in a funding round, the company said Thursday. Names of those investors were not announced.
SanDiego-based machinelearning startup PointPredictive announced on Thursday that it has closed a Series A funding round. The funding was led by Mosaik Partners. Size of the investment was not announced. Mosaik Partners' Miles Kilburn joins the company's board with the funding.
The temperature in California’s Palm Desert hit 107 degrees Tuesday, but indoors at Intel Capital’s Global Summit meeting, the corporate venture arm said it has invested a cool $115 million so far this year.
SanDiego-based Atlazo , a startup developing systems-on-a-chip (SoC) semiconductors aimed at used in healthcare and Internet-of-Things (IoT) applications, has raised $3.4M The funding round was led by the Tech Coast Angels, and the TCA's SanDiego chapter. in a seed funding round. in the round. READ MORE>>.
SanDiego-based Gretel has raised a seed round of funding, to go towards its development of software which helps developers and engineers access and share anonymized data for developing applications. The funding was led by Moonshots Capital, and also included Greylock Partners and Village Capital. READ MORE>>.
SanDiego-based Emotient , a developer of facial expression recognition software, has been acquired by Apple , Apple disclosed on Thursday. Financial terms of the acquisition were not disclosed. READ MORE>>.
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