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San Diego-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.
Santa Monica-based BlockFraud , a developer of machinelearning and artificialintelligence software used for detecting mobile fraud, has reportedly raised $5M in a Series A funding, the company disclosed on Wednesday. The funding was led by Palisades VentureCapital. READ MORE>>.
New research has found that San Francisco and London have become two of the world’s leading hubs for VC investment into tech solutions that address one or more of the 17 UN’s Sustainable Development Goals (SDG), more commonly referred to as “Impact Tech” They are followed by Paris, Berlin, Stockholm, Shanghai and Beijing.
San Diego-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. READ MORE>>.
Los Angeles-based Qulab , a biopharmaceuticals startup developing artifical intelligence software aimed at small molecule drug design, said on Wednesday that it has launched its first product, Quleap. He also attended USC's Viterbi School of Engineering as a Ph.D. 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.
Santa Monica-based software developer Sixgill has launched a new product this morning, saying it has unveiled a new application called HyperLabel, which helps developers, engineers, and data scientists implement machinelearning. Sixgill is venture backed by DRW VentureCapital and Mobile Financial Partners.
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
Elon Musk , the billionaire technology mogul behind SpaceX, has put some money behind--surprisingly--an effort to help developerartificialintelligence research.
Los Angeles-based Elementary, which is developingartificialintelligence, machine vision software for the manufacturing industry, said Thursday that it raised $30M in its Series B funding. Elementary is focusing its machinelearning and artificialintelligence efforts on automating inspections in manufacturing.
San Diego-based Model Medicines, a company that is developingartificialintelligence and machinelearning software for the drug discovery and development process, has raised $4.1M According to the company, it will use the funding to develop its therapeutic pipeline. in a funding round.
Los Angeles- and South San Francisco-based Unity Influence , a developer of influencer advertising software, has raised $1M in funding, according to the company. Unity Influence is using machinelearning and artificialintelligence tools to connect advertisers with "micro-influencers".
Irvine-based Huckleberry, a developer of an artificialintelligence-driven app which helps parents with pediatric sleep advice, says it has raised $12.5M The funding was led by Morningside Ventures and also included Spero Ventures and Tamarisc VC. in a Series A funding.
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. Andreessen Horowitz, also.
I became a VC 12 years ago in 2007 when the pace of deals was much slower. As I was trying to figure out the role I wanted to play in the VC world I decided I wanted to focus on businesses that were building deeply technical products to solve problems for business users. Over the past 2.5
Irvine-based Syntiant , which is developing semiconductor used for edge computing, raised $25M in its Series B funding. The funding came from Sunstone VentureCapital Fund, along with Seraph Group, plus Microsoft, Intel, Amazon, Robert Bosch, Applied Materials, and Motorola, according to the company. READ MORE>>.
Los Angeles-based venture investor Greycroft , which has made investments in such companies as AwesomenessTV, Maker Studios, Sometrics, Venmo, and others, is one of the lead investors in New York-based Frame AI. Frame AI is a developer of artificialintelligence and machinelearning used by companies to understand customer churn and behavior.
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 venturecapital arm of Netherlands-based KPN, a large telecom company.
Los Angeles-based private equity investor Kayne Anderson Capital Advisors has backed a developer of automated, machinelearning and big data, predictive analytics software called ColdLight Solutions , the company said Monday. Kayne Anderson manages around $24 billion in capital. READ MORE>>.
Singapore-based investment firm b>Temasek says it is funding and has launched a new, artificialintelligence startup that is headquartered in San Diego 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.
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 AlphaTrAI , a fintech startup which is backed by venturecapital 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.
The Investment Group of Santa Barbara (IGSB) is one of the backers this week in machinelearning and artificialintelligence software developer Solvvy. Solvvy says it has raised $4.5M
The company said it is developingmachinelearning algorithms which help users determine who they can trust in real time. The company said the funds will go towards the acquisition and collection of data, and also go to expand its artificialintelligence search, monitoring, and natural language processing capabilities.
Irvine-based Syntiant , a developer of processors used for artificialintelligence applications, has raised $35M more in the company's Series C funding round. Syntiant develops low power chips used for neural networking, and edge-based artificialintelligence (AI) applications, including voice recognition.
Three, local venturecapital investors -- Miramar Venture Partners , Okapi VentureCapital , and Qualcomm Ventures -- are part of a group investing $22.1M in healthcare software developer Welltok , which announced a big funding round this morning. According to Welltok, it raised its new $22.1M
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.
[ 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. technologies.
. —San Diego’s AON Devices was among 10 startups selected to compete at a recent pitch competition hosted by the corporate venturecapital arm of Qualcomm (NASDAQ: QCOM ). Qualcomm Ventures invited 10 artificialintelligence, Internet of Things, virtual reality, and.
Pasadena-based Miso Robotics , which is developing robots for the quick serve restaurant industry, says it has launched a new Series C crowdfunding campaign, where it hopes to raise a total of $30M in funding. According to the company, it has over $2.6M According to the company, it has over $2.6M
Los Angeles-based LegalMation , a startup which developsartificialintelligence and machinelearning-based software for litigation and law practices, has raised a round of funding, according to the company. Size of the funding was not announced.
Carlsbad-based NextWave Ventures , a venturecapital investor which focuses on commercializing early stage technology, said it has launched a new artificialintelligence start, Apical Technology. According to NextWave, Apical Technology is developing a software platform which uses AI for equities trading.
Two, Los Angeles-based venturecapital investors have backed a developer of machinelearning software, Qordoba , in its first investment funding round. Qordoba's machinelearning software is used by such clients as Sophora, Cartier, Nutanix, and Netskope for language localization.
Santa Barbara-based TrackStreet , a developer of brand protection software, has raised $5.1M According to the company, the round--a Seed-2 funding--was led by Okapi Capital, and also included The Cove Fund, Early Light Ventures, SaaS VentureCapital, and Stage Venture Partners and Brad Perry (co-founder of Dealer Socket), along with others.
San Diego-based Kneron , a developer of artificialintelligence software, has raised $40M more in Series A funding, from investor Horizons Ventures. Horizons Ventures it the venture arm of Hong Kong tycoon Li Ka-Shing. Accoring to Deal Street Asia, the funding brings the company's total to $73M.
said it is developingartificialintelligence-based, data loss prevention software, which helps prevent data breaches from organizations. The funding round came from Trinity Ventures. harvest artificialintelligence 405labs venturecapital data loss prevension cybersecurity security websense software'
Irvine-based technology distributor Ingram Micro has made an investment in e-commerce logistics startup HDS , which is developing a robotics system which uses artificialintelligence and mobile, articulated robots for the logistics industry. HDS is based in Palo Alto, California.
Los Angeles-based FanAI , a venture-backed developer of artificialintelligence software used for sponsorship engagement and analytics, has acquired Waypoint Media , the two announced this morning. Financial details of the buy were not announced. FanAI is led by CEO and founder Johannes Waldstein.
Reali , a Silicon Valley startup which offers up a high-tech, and artificialintelligence-enabled real estate service, said this week that it has raised $20M in a Series B funding round, which it specifically will use to launch in Southern California. The funding was led by Zeev Ventures, and also included Signia VentureCapital.
Riot Ventures , the Los Angeles-based, early-stage and deep technology investment firm is going out to market to raise a $75 million second fund to finance the development of startups in LA and beyond, according to fundraising documents viewed by TechCrunch. Oculus, Snap, Tinder and others.
Los Angeles-based venturecapital investor Upfront Ventures is the lead investor in a new, $15M Series B funding round for artificialintelligence software developer Tact. Tact developsartificialintelligence software for Salesforce which helps salespeople automate data entry into their CRM systems.
Carlsbad-based Zingle , a developer of mobile messaging and customer experience software for the hospitality, travel , and retail markets, has been acquired by San Francisco-based Medallia , a provider of customer experience management software. Medallia said it will pay approximately $42M in cash for Zingle. READ MORE>>.
Santa Monica-based FanAI , which is developingartificialintelligence software specifically aimed at e-sports monetization, said today that it has raised $1.8M in a Series Seed funding. Greycroft GC Tracker Fund is apparently a new, a new augmented reality (AR), virtual reality (VR), and esports fund run by Greycroft.
Glendale-based Beyond Limits , a venture-backed developer of artificialintelligence software, has named Meghan Sharp, Ph.D., the former Managing Director of BP Ventures/Americas, as its new Chief Operating Officer (COO).
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