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Point Predictive Picks Up Series B

socalTECH

San Diego-based machine learning 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 machine learning software is used for automotive lending risk management.

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Tourmaline Labs Raises Funding, Names New CEO

socalTECH

San Diego-based Tourmaline Labs , a startup developing location-aware smartphone software for mobile apps hsa raised a round of funding, and appointed a new CEO. According to Torumaline Labs, it has received an investment from ClearVision Equity Partners, and appointed Marc Brungger as its new CEO. READ MORE>>.

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Emotient Acquired By Apple

socalTECH

San Diego-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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Trio Of SoCal Investors Back Welltok

socalTECH

Three, local venture capital investors -- Miramar Venture Partners , Okapi Venture Capital , and Qualcomm Ventures -- are part of a group investing $22.1M in healthcare software developer Welltok , which announced a big funding round this morning. Miramar and Okapi are in Orange County, and Qualcomm is in San Diego.

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LifeVoxel.AI Snags $5M

socalTECH

San Diego-based medical visualization software developer LifeVoxel.AI announced this morning that it has raised $5M in a seed funding round. Source of the funding was not announced, however, the company said the round came from medical and radiology specialists, strategic medical technology investors and family offices.

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The Power Combo of A.I. Devices with Cloudlets Comes with Cyber Risks

Xconomy

First, entrepreneurs vying to invent self-driving vehicles, virtual assistants, and intelligent industrial machines created a hunger for more powerful semiconductors that could enable scattered devices to take over sophisticated calculations powered by artificial intelligence software.

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Autonomic CEO Gavin Sherry on Mobility, China, and Data Privacy

Xconomy

In a tech culture that looks toward self-driving cars as the pinnacle of mobility innovation, we’re still debating whether fully autonomous vehicles are an imminent reality for our roads or an ever-receding Shangri-La.

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