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for its hardware-based, machinelearning tools, according to the company. AME Cloud Ventures, and Fuel Capital. Nervana is developing machinelearningtechnology--including software and hardware--which is being targeted at a wide range of areas. San Diego-based Nervana System has raised $3.3M READ MORE>>.
The startup--backed by Cota Capital, Civilization Ventures, Plug and Play, and 415--says that Quleap automated small molecule, synthesis planning, and a cloud engine for simulating biomolecules. He also attended USC's Viterbi School of Engineering as a Ph.D. READ MORE>>.
March Capital Partners , the Los Angeles-based venture capital firm, has raised $300 million for its latest fund. ” Those two themes are borne out in the support March Capital has provided for The Hive , an artificialintelligence-focused incubator, and The Fabric , an infrastructure and internet of things-focused incubator.
San Diego-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. READ MORE>>.
Irvine-based cybersecurity software developer Cylance announced today that it has raised $20M in a Series B funding, which came from Blackstone, Khosla Ventures, Fairhaven Capital and un-named private investors. Cylance says it is applying artificialintelligence, algorithmic science and machinelearning to cyber security.
Elon Musk , the billionaire technology mogul behind SpaceX, has put some money behind--surprisingly--an effort to help developer artificialintelligence research.
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.
San Diego-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.
A brand new, Los Angeles-based artificialintelligence startup, Halla , announced on Wednesday that it has raised $1.4M in its seed funding round, to help it expand its development of personalization technology for online grocers. The company said it has now raised a total of $1.9M
Investment interests: Consumer Internet, eCommerce, enterprise software, cloud computing, financial technology, advertising technology. Managing Directors: Jeff Stibel, Kobe Bryant Investment interests: Focus on the convergence of technology, media and data (TMD), as well as in industries such as sports and wellness. Section 32.
San Diego-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. READ MORE>>.
Los Angeles-based Moonshots Capital , the venture capital investment firm led by Kelly Perdew and Craig Cummings, has raised its first official fund, a $19M seed stage venture fund. Moonshots said the new fund will focus on seed stage deals, holding reserve capital for follow-on pro rata.
Los Angeles-based Trace , a developer of mobile apps which automatically track your sports activity using sensors, video, and artificialintelligence, has scored a round of investment from Intel Capital. Size of the funding round was not announced.
San Diego-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.
Carlsbad-based NextWave Ventures , a venture capital investor which focuses on commercializing early stage technology, said it has launched a new artificialintelligence start, Apical Technology. Size of the investment in Apical Technology was not announced. READ MORE>>.
Costa Mesa-based Veritone , a developer of artificialintelligence software, said it has received an unsolicited acquisition bid from private equity firm Apis Capital Management. The company is led by longtime technology startup veterans Chad and Ryan Steelberg, and one of its biggest investors is Acacia Research.
Los Angeles-based Pearl , the machinelearning startup which was spun out of advertising AI software startup GumGum , has raised $11M in a funding round, which came from Craft Ventures, as well as un-named strategic investors.
EvoNexus says it is looking for fintech startups in the areas of artificialintelligence/machinelearning, bank/wealth/payment technology, capital markets technology, cybersecurity, blockchain, mobile payments, P2P lending, digital cash, InsurTech, RegTech, data science and predictive behavior analytics.
Los Angeles-based venture investor TenOneTen Ventures is one of the investors in a newly launched startup, which is looking to use artificialintelligence and DNA testing to identify autism and other medical conditions. The startup recently graduated from Y Combinator, and is based in the Bay Area.
According to AWM Smart Shelf, the funding round was led by Impact Venture Capital, and also included Mark IV Capital and The Contrarian Group. The company said the new funding will go towards accelerating growth of its technology, among other efforts. Adroit Media Worldwide is lead by CEO Kevin Howard. READ MORE>>.
Los Angeles-based Catasys , a provider of AI- and technology-enabled healthcare services, said today that it has received $10M in a debt financing round, split between a receivable facility agreement of $2.5 million with Horizon Technology Finance Corporation.
A new, Los Angeles venture capital fund, AET Fund said on Wednesday that it has raised $50M to make investments in entertainment technology, and hired someone to head up its U.S. investment efforts. AET Fund said that so far, it has made investments in six different startups, including HypeVR, FABLE STUDIO, Tyffon Inc., and ALE Co.,
The company said the agreement will support further development of its artificialintelligence and machinelearningtechnology. Cylance, led by Stuart McClure, uses artificialintelligence on endpoints to analyze the "DNA" of files to prevent malicious attacks and malware.
Osprey Data uses machinelearning and artificialintelligencetechnology to help optimize oil and gas production, monitor oil well status, and more. San Juan Capistrano-based OspreyData , a developer of data analytics software used for the oil and gas business, says it has raised $5M in a series A funding round.
Los Angeles-based fintech startup InvestCloud and seed-stage venture capital fund Stage Venture Partners have announced a new collaboration, where Stage will move into InvestCloud's "Innovation Center" in Los Angeles. Stage says it recently raised its second fund. READ MORE>>.
According to REX co-founder and CEO, Jack Ryan, it has developed a technology platform which helps homeowners sell their homes, without going through a traditional agent or MLS. The company only charges a 2 percent, flat free.
San Diego-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. TealTech said today that it has made is first investment, in TealNet Mobile Medical Office (MMO) , a startup focused on point-of-care diagnostics and telemedicine.
El Segundo-based CUJO AI , a developer of artificialintelligence-based cybersecurity software for telecom network operators, has raised a round of growth capital from KPN Ventures, the company said this morning. KPN Ventures is the corporate venture capital arm of Netherlands-based KPN, a large telecom company.
San Diego- 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. READ MORE>>.
Los Angeles-based venture capital investor TenOneTen Ventures is one of the backers in a round for consumer debt collection technology startup TrueAccord , which was announced this morning. The Series B funding for San Francisco-based TrueAccord was worth $22M, and was led by Arbor Ventures.
The summit is now associated with March Capital Partners (www.marchcp.com). What's your role at March Capital? What's your role at March Capital? Meredith Finn: I joined March Capital at the beginning of the year. That carried through to March, where the big theme is ArtificialIntelligence in the enterprise.
[ 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. technologies. As chairman of Austin, TX-based A.I.
The funding came from Sunstone Venture Capital Fund, along with Seraph Group, plus Microsoft, Intel, Amazon, Robert Bosch, Applied Materials, and Motorola, according to the company. Sunstone was an investor in its Series A funding.
Greycroft Ventures , which has a big presence in Los Angeles, has backed Silicon Valley-based BlueCart , a developer of machinelearning software and other tools for the hospitality industry, to the tune of $5M. BlueCart said this week that it raised $5M in its Series B-1 funding, bringing its total raised to $22M. READ MORE>>.
ServiceNow , the developer of information technology service management software which has major operatinos in San Diego, 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
San Diego-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. Kneron was founded in 2015.
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, artificialintelligence-driven software for producing streaming sports video. Pixellot has now raised more than $40M in funding.
Los Angeles-based Flo Technologies , a new startup in the water monitoring and conservation area, said on Monday that it has launched a new device and system which uses artificialintelligence and a special sensor to monitor what going on with a home's water system. The startup was founded by mechanical engineer Henry Halimi.
So I think it’s safe to say that any technology that can make the process easier is welcome by all. It has developed technology to give people a way to pay bills outside of traditional methods, such as through the mail, over the phone or via a Web portal. Paying bills is hardly a fun thing. It’s a true universal payment method.”.
Los Angeles-based REX , which is developing technology buying and selling homes, said on Monday that it has raised $45M in a Series C funding round. REX says it acts as a licensed, residential real estate brokerage, using artificialintelligence and big data to power its services. REX has now raised $75M in total.
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. Take, for example, facial recognition technologies that work best on white people and make the most errors on black people.
According to the conference, it awarded $200,000 to Advocat Technologies, a developer of artificialintelligence (AI) software for research and drafting at enterprise legal departments, and another $300,000 split between ChargeNet Stations, Digital Proteomics, Fluid Power AI, and Verity.
Are you an entrepreneur, looking for capital here in Southern California? Here's a rundown of some of the venture capital investors who have set up shop in Southern California, plus those with big new funds, which have been announced so far since January of this year. Moonshots Capital. Core Innovation Capital.
The company already boasts a few very large initial customers in the automotive industry, consumer packaged goods and aerospace and defense, including Toyota, according to chief executive Arye Barnehama. “Machinelearning paired with humans always performs better,” says Barnehama. ”
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