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Los Angeles-based ringDNA , which develops artificialintelligencesoftware for the sales market, has added a new sales coaching product that uses artificialintelligence to help improve sales teams. Pricing on the new product was not announced. READ MORE>>.
San Diego- and Baltimore-based private equity investor JMI Equity is the lead backer of a developer of artificialintelligencesoftware for the healthcare industry this morning. The funding was led by JMI Equity, and also included Health Enterprise Partners (HEP) and Health Velocity Capital (HVC).
Los Angeles-based ringDNA , which develops sales engagement software, says it has launched a new, artificialintelligence (AI) product, which it says helps recommend actions for sales reps, to increase success.
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. coldlight solutions data analytics machinelearning venture capital private equity'
Irvine-based Resolve Systems , a developer of IT automation and orchestration software, announced today that it has acquired FixStream , a developer of artificialintelligence IT automation software. Resolve is majority owned by private equity investor Insight Partners. Resolve Systems is led by CEO John Ferron.
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 artificialintelligencesoftware which can pick, trade, and manage stocks better than humans.
Costa Mesa-based Veritone , a developer of artificialintelligencesoftware, said it has received an unsolicited acquisition bid from private equity firm Apis Capital Management. According to Veritone, Apis has offered to acquire all of its outstanding shares for $10.26 per share in cash.
GumGum , the Los Angeles-based startup that’s spent the past decade applying machinelearning technologies to advertising and sports, has spun out a new healthcare startup focused on the dental industry called Pearl. Machinelearning in the dental business can achieve four main objectives, says Tanz.
Los Angeles-based RingDNA , which develops analytics software used for understanding the sales process and sales conversations, said last week that it raised $30M in a growth capital funding. The funding was led by Goldman Sachs Growth Equity (GS Growth), and also included Palisades Growth Capital and Bryant Stibel. READ MORE>>.
As part of that funding, $3M in convertible notes, from DILA Capital, 10x Capital Management, and others, will convert into equity. The company said it is using machinelearningmodels to make credit and other financial products available to those entrepreneurs.
Those local funds are on top of a massive injection of funding from out of area venture capitalists, private equity funds, family offices, and strategic investors. Investment interests: Consumer Internet, eCommerce, enterprise software, cloud computing, financial technology, advertising technology. List ordered by fund size).
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. According to NextWave, Apical Technology is developing a software platform which uses AI for equities trading. Onge and Jim St.
The funding was led by private equity firm NewSpring Growth. The company also said the funding will go towards advancing its technology, including automation and artificialintelligencesoftware. in a Series B funding round. The company is also backed by Neiman Marcus. FASHIONPHILE was founded in 1999. READ MORE>>.
Costa Mesa-based artificialintelligencesoftware developer Veritone said on Thursday afternoon that it has named a new member to its board of directors. Veritone said that Richard H. Rick) Taketa has joined its board, replacing Nate Checketts, the CEO of Rhone Apparel. READ MORE>>.
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>>.
El Seguno-based SmartAction , which is developing artificialintelligence-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. Financial details of the recapitalization were not announced.
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.
San Diego-based Certona , a developer of personalization software which uses machinelearning and predictive algorithms, has raised $30M in a combined growth investment and minority recapitalization. The funding came from private equity investor Primus Capital. Certona was founded in 2004. READ MORE>>.
Today, we have the thoughts of Jeb Spencer of TVC Capital (www.tvccapital.com), a software focused growth equity fund which just raised a new fund, and has had some great success in the market. Jeb Spencer: For TVC, closing on our new $115 million software focused growth equity fund at the end of last year made for an exciting 2015.
Empirico, a biotech that has developed tools to analyze genomics data and use those insights to identify potential therapeutic targets, has signed a collaboration deal with antisense drug developer Ionis Pharmaceuticals that includes a $10 million equity investment. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.
In the last couple ofyears, we've seen more enterprise technology and software locally here, and software is starting to grow up. We're also excited about the areas around artificialintelligence for certain verticals. We're also excited about the areas around artificialintelligence for certain verticals.
With 10 years of serving some of the largest enterprise customers in the US, our machinelearning advantages actually get better with more data and more time and the value of our IP has been growing exponentially. Gregg was built to scale large companies and build the processes and team to enable it.
Top venture capital firms continue to pour money into software robotics companies that promise to automate monotonous business operations, like processing mortgage applications, that are often performed by humans. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.
The Internet Retailer Conference & Expo set for Chicago next June lists over 600 exhibitors, including Adobe Systems, Certona, Episerver, and Kibo Software. When you get all that data and analyze it, you get interesting insights,” Sheik said.
Best Buy is paying $800 million in cash for GreatCall, a San Diego-based healthtech company which private equity firm GTCR bought early last year. The company also sells gadgets, such as mobile devices with large screens and big buttons, wearables that can work with those devices, and emergency alert products.
Automation Anywhere , which supplies customers with armies of software robots to take over manual tasks such as insurance claims processing, announced today it raised $250 million in a first funding round that set its post-money valuation at $1.8
Convoy , an online marketplace that connects shippers with freight truck fleets and independent drivers, announced today it raised $185 million in a Series C fundraising round led by CapitalG, the growth equity investment fund of Alphabet, Google’s parent company. regions, CEO Dan Lewis says.
We’d like to thank the launch sponsors/underwriters who have joined us to support this new channel: Alexandria Real Estate Equities, Michigan State University, the North Carolina Biotechnology Center, and Spensa Technologies. and Cybersecurity. Xconomy editors around our network will be contributing to the new channel.
We’d like to offer a big thank you to our launch sponsors/underwriters who have joined us to support this new channel: the Lumina Foundation and Alexandria Real Estate Equities. Agtech and Food, and Cybersecurity. Xconomy’s editors from across the county will be contributing to the education channel.
In a survey of 29 Silicon Valley venture capitalists in December, the VCs mulled whether President-elect Donald Trump would buoy up their investment prospects with lower corporate taxes and government regulations, or worsen conditions by heightening global political instability and raising the risk of a major military conflict or economic downturn.
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