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Camino Financial Collects $8M

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According to the company, the funding was led by Credito Real, the Mexican financial services company. As part of that funding, $3M in convertible notes, from DILA Capital, 10x Capital Management, and others, will convert into equity. Camino Financial is led by CEO Sean Salas. READ MORE>>.

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AlphaTrAI Taps QuantConnect For AI Powered Stock Trading, Picking

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AlphaTrAI says it has developed artificial intelligence software which can pick, trade, and manage stocks better than humans. According to AlphaTrAI, it is in the midst of moving to live, real-time trading and will be powering a new equities fund using its artificial intelligence tools.

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LeaseLock Lands $52M In Series B

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Marina Del Rey-based LeaseLock, which is developing artificial intelligence technology and lease insurance products to eliminate the need for security deposits, has raised $52M in its Series B funding round, the company announced this morning. The company said it has so far insured $1 billion in leases.

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FASHIONPHILE Finds $38.5M For Luxury E-Commerce

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Carlsbad-based FASHIONPHILE , and e-commerce company which sells pre-owned luxury handbags, watches, and fine jewelry, has raised $38.5M The funding was led by private equity firm NewSpring Growth. The company is also backed by Neiman Marcus. The company is led by CEO Ben Hemminger. in a Series B funding round.

Commerce 124
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Miso Robotics Seeks $40M More Via Crowdfunding

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Pasadena-based robot developer Miso Robotics, which develops kitchen assistance robots, says it is looking to raise another $40M more via crowdfunding, after just completing $50M in an equity crowdfunding push. The company said it is undergoing a "SEC review process" ahead of the new crowdfunding effort.

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Interview with Michael Greenberg, Retina

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In an age of ever increasing marketing spend to attract customers, how do you make sure you aren't spending more acquiring a company than they are worth? Los Angeles-based Retina is using machine learning and artificial intelligence to figure out customer lifetime value (CLV) for such businesses as Dollar Shave Club.

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ringDNA Launches AI Sales Software

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Los Angeles-based ringDNA , which develops sales engagement software, says it has launched a new, artificial intelligence (AI) product, which it says helps recommend actions for sales reps, to increase success.

Sales 113