socalTECH

MAY 2, 2016

San Diego-based Qualcomm says that it is adding machine leaning features -- part of the core of developing artificial intelligence software -- to its Snapdraon processors, through a new SDK.

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socalTECH

SEPTEMBER 5, 2018

Online e-commerce giant Amazon announced this morning that it is expanding at its "tech hub" in San Diego, and plans to create 300 new high tech jobs at the location. The company says the new office is at Campus Pointe in the University Town Center neighborhood. The new San Diego office is led by General Manager Nate Wiger.

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socalTECH

OCTOBER 15, 2020

San Diego-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.

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socalTECH

DECEMBER 16, 2019

San Diego-based Citadel Defense , which develops counter-drone technology to help detect and identify unauthorized drones, claims it has deployed its technology for three, undisclosed U.S. According to the company, it has been working over the past six months to deploy its counter-drone technology, both domestically and abroad.

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socalTECH

JULY 16, 2021

San Diego-based Netradyne, a developer of artificial intelligence (AI) and edge computing technology for the automotive market, has raised $150M in a Series C funding round. According to the company, the funding was led by SoftBank Vision Fund 2, and also included existing investors Point72 Ventures and M12.

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socalTECH

DECEMBER 15, 2021

San Diego-based artificial intelligence software developer Netradyne annoucned this morning that it has named Tom Schmitt as CFO. According to the company, Schmitt joins the company from Postclick, where he was also CFO. Netradyne says Schmitt has over 35 years of financial experience.

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socalTECH

JANUARY 23, 2020

San Diego-based Kneron , a developer of artificial intelligence software, has raised $40M more in Series A funding, from investor Horizons Ventures. Accoring to Deal Street Asia, the funding brings the company's total to $73M. Horizons Ventures it the venture arm of Hong Kong tycoon Li Ka-Shing.

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socalTECH

JANUARY 9, 2017

San Diego-based Harvest.ai , a developer of software that uses machine learning and artificial intelligence to prevent data loss from enterprises, has reportedly has been acquired by Amazon.com. The company was reportedly acquired for around $20M. Harvest.ai had raised only $2.3M

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socalTECH

AUGUST 27, 2018

However, the company's technology team, Walmart Labs (www.walmartlabs.com)--which said this month that it is planning on major growth in San Diego is responsible for the company's key supply chain technology, online e-commerce site, and much more. What exactly does Walmart Labs work on in San Diego?

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OCTOBER 7, 2021

San Diego-based Gretel.ai, a startup which is developing privacy technology, has raised $50M in a Series B funding, the company said today. According to the company, it has now raised $65.5M. The company says its software provides that data without containing sensitive or personally identifiable information.

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socalTECH

AUGUST 27, 2018

However, the company's technology team, Walmart Labs (www.walmartlabs.com)--which said this month that it is planning on major growth in San Diego is responsible for the company's key supply chain technology, online e-commerce site, and much more. What exactly does Walmart Labs work on in San Diego?

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JULY 16, 2021

San Diego-based Entos, a developer of artificial intelligence and automated synthetic development technology for designing small-molecule therapeutics, has raised $53M in a Series A funding. Co-Founder and Managing Partner of Catalio, have both joined the company's board. Jacob Vogelstein, Ph.D.,

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socalTECH

JANUARY 28, 2020

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. Financial details of the buy were not announced. READ MORE>>.

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socalTECH

FEBRUARY 6, 2019

San Diego-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 artificial intelligence software which can pick, trade, and manage stocks better than humans.

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socalTECH

JANUARY 27, 2022

San Diego-based Shield AI, which is developing artificial intelligence software for automated drone piloting, says it has set up an office in the UAE, led by a former Navy SEAL Vice Admiral.

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socalTECH

SEPTEMBER 23, 2020

San Diego-based machine learning software developer Point Predictive has raised a new, Series B growth financing round, the company announced this morning. As part of the funding, the company has named Michael Housman as Chief Technology Officer and promoted Eric Werab to Chief Revenue Officer.

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JANUARY 22, 2020

ServiceNow , the developer of service management software which has major operations in San Diego, has acquired Loom Systems , an Israeli company which develops artificial intelligence software used for IT operations management. Financial terms of the deal were not announced.

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Xconomy

DECEMBER 27, 2018

[ Updated 12/27/18, 9:54 am ] Manoj Saxena is bullish on artificial intelligence. startup CognitiveScale and managing director of The Entrepreneur Fund , which makes investments in early-stage machine learning companies, Saxena believes A.I. As chairman of Austin, TX-based A.I. technologies.

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JANUARY 23, 2020

San Diego-based artificial intelligence software developer Brain Corp says it is saw "record sales and revenue growth" in 2019, on strong retailer demand for autonomous, mobile robots. The company said its software is now used on approximately 10,000 robots. READ MORE>>.

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socalTECH

MAY 13, 2021

San Diego-based Mindera, a startup developing a system that predicts patient response to psoriasis treatments, has raised $12M in a Series A-2 financing, according to the company. The funding came from Mountain Gro, up Partners, Rockmont Investments, and Scientific Health Development.

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socalTECH

OCTOBER 16, 2019

Automotive giant Hyundai is an investor in a funding round for San Diego-based Netradyne , as part of a partnership deal, according to the two companies. Netradyne is a developer of artificial intelligence (AI) software used in fleet safety management. Avneesh Agrawal is Founder and CEO of Netradyne.

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JANUARY 18, 2018

Two, San Diego-based software development and integration companies-- Solekai Systems and Fairway Technologies --said this morning that they have merged into a new company. According to both companies, they will continue to operate under their respective names. The combined company now has over 80 engineers.

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MARCH 13, 2019

San Diego-based Lytx , which develops vidoe-based driver safety systems for the commercial and public sector, reported this morning that it has scored a win with concrete company Lauren Concrete. Lytx says it incorporates machine vision and artificial intelligence technology into its products for improving driver safety.

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Xconomy

OCTOBER 10, 2017

The San Diego artificial intelligence company Brain Corp. topped the chart for raising the most venture capital in San Diego during the third quarter that ended September 30, according to Venture Monitor data released Tuesday. As Xconomy reported in July, Brain Corp.

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SEPTEMBER 21, 2020

San Diego-based life sciences equipment maker Illumina announced this morning that it has acquired Menlo Park-based GRAIL , a developer of cancer early detection technology. GRAIL is developing a multi-cancer screening test. GRAIL was spun out of Illumina in 2016 as a standalone company. billion in cash and $4.5

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socalTECH

JUNE 13, 2019

San Diego-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 San Diego chapter. in a seed funding round. in the round. in the round.

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socalTECH

DECEMBER 4, 2019

San Diego-based Accel Robotics , which is developing technology to enable automated, robotic convenience stores where users can simple enter, grab items, and have the payment for those items automatically charged--without a need for a cashier--has raised $30M in a Series A funding round.

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MAY 2, 2019

San Diego-based fintech startup Trovata.io , which is developing software to automate cash management, has raised $5.5M in a seed funding round, the company said this week. According to Trovata.io, the funding will go towards ramping sales and accelerating product development for its treasury management software.

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JUNE 16, 2017

San Diego- and Beijing-based TuSimple , a startup developing autonomous driving technology, says it has received a permit from the California Department of Motor Vehicles to test autonomous driving vehicles on the road. The company says it has been developing its systems since 2015. READ MORE>>.

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socalTECH

JULY 6, 2017

San Diego-based machine learning startup PointPredictive announced on Thursday that it has closed a Series A funding round. PointPredicive is developing fraud and risk management software for the automotive lending, consumer lending, and mortgage lending markets. The funding was led by Mosaik Partners.

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socalTECH

DECEMBER 11, 2019

San Diego-based XOKind , a new startup focused on building artificial intelligence software for the travel market, has raised $1.6M in a seed funding round, and emerged from stealth mode, the company said today. The startup said it will launch its first product in the travel and leisure area next year.

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Xconomy

APRIL 3, 2019

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. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.

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socalTECH

MARCH 25, 2015

San Diego-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 artificial intelligence-based, data loss prevention software, which helps prevent data breaches from organizations. Prior to funding, the company was known as 405Labs.

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Xconomy

SEPTEMBER 19, 2016

Not long after ViaSat (NASDAQ: VSAT ) acquired San Diego-based LonoCloud in 2013 , former LonoCloud executives Tom Caldwell and Hossein Eslambolchi met for coffee at the Specialty’s Café and Bakery in University City. Webroot also plans to expand in San Diego, and Caldwell said he plans to stay on.

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Xconomy

NOVEMBER 13, 2016

View the Slideshow A little more than a year ago, amid a resurgence in San Diego’s software sector, Xconomy identified a baker’s dozen of local tech companies to watch in 2016. The idea was to feature early stage companies in the region that have not attracted much attention or raised a substantial amount of startup capital.

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SEPTEMBER 19, 2017

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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FEBRUARY 5, 2018

El Seguno-based SmartAction , which is developing artificial intelligence-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 San Diego.

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