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How are you funding this? What level of funding do you currently have? How will you be taking this to market? eCommerce Does your startup run on a subscription model? Often this ties to marketing support. ArtificialIntelligence Does your application leverage AI in any way? Tell me about the business.
Los Angeles-based Postie , a new startup focused on using machinelearning and "quant marketing" to direct mail, said on Tuesday that it has raised $3.5M in a seed funding. The funding was led by Bonfire Ventures and Crosscut Ventures.
There's been a revolution in the use of artificialintelligence and machinelearning in the last few years, by both startups and large companies, to help in a large number of areas. We talked with Tim about how they're now applying this to a new market. What is PointPredictive?
Los Angeles- and South San Francisco-based Unity Influence , a developer of influencer advertising software, has raised $1M in funding, according to the company. Source of the funding was not announced. Unity Influence is using machinelearning and artificialintelligence tools to connect advertisers with "micro-influencers".
One of the hottest sectors of the technology startup market today is the use of artificialintelligence, big data, and machinelearning across many different sectors including finance. Machinelearning is great at consuming data, taking lots of different data, and finding signal in that data to make predictions.
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.
Los Angeles-based ringDNA , which develops artificialintelligence software 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-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.
TRASH — using this machinelearning-based video editing toolkit, users can quickly create and edit high-quality, short-form video. and to raise bigger rounds of funding (like the voiceover video production toolkit, MuzeTV, and the animation studio Toonstar).
I pointed out that the storage market in the US alone is ~$30 billion / year and there is no dominant provider — the largest player has < 10% market share. But finding a market which is large, out-dated, has zero tech and is ripe for disruption can lead to very large outcomes. years of software development.
Irvine-based NGD Systems , a company developing "computational storage" devices which can run AI, machinelearning, and analytics functions within data storage devices, has raised $20M in a Series C funding, the company said this morning. The funding was led by MIG Capital, and also included Western Digital Capital Global, Ltd.
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.
EvoNexus did not say how much funding companies joining the incubator will gain, or the structure of the incubator. According to EvoNexus, the incubator will work with startups focused on technology areas that will impact financial services companies of all sizes and the customers they serve.
On the day after Intel announced its acquisition of San Diego machinelearning startup Nervana Systems, investor Steve Jurvetson told me he was feeling a sense of satisfaction about a call he made three years ago, and how it has been playing out. In the 2-1/2 years since it was founded, Nervana raised roughly $25 million.
Beverly Hills-based Influential , a developer of influencer marketing software, has raised $5M in a Series A funding, according to the company. The company says it has now raised a total of $9M. The company says its clients include Hershey's, Coca-Cola Company, NBC Universal, Nestle, General Mills and Sony Pictures.
As a frequent advisor to new entrepreneurs and startups, I often hear your frustration with being treated differently from other startups by investors, on expectations for valuation , traction, and market size. On the other hand, if the market is super-hot, many will be willing to jump in to make your case.
Los Angeles-based CreatorIQ , a developer of enterprise software used for influencer marketing, has raised $12M in a Series B funding round, the company said Thursday. The funding was led by TVC Capital, and also included Affinity Group, and Unilever Ventures. CreatorIQ is led by founder and CEO Igor Vaks.
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. AET Fund had said last year that it would be establishing its venture funding efforts in Los Angeles. investment efforts. and ALE Co.,
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.
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. the founder of Hightree Advisors, to its advisory board. READ MORE>>.
The companies who join the startup incubator gain "collaboration opportunities" with RBC and Franklin Templeton, which EvoNexus says early business unit exposure, technology steering, and potential beta customer trials and early stage funding. READ MORE>>.
A proliferation of startups is now trying to devise applications for this new class of languagemodel , where the machine is capable of creating new text, images and videos based on simple human input. The platform is going after marketers with a Canva-style drag-and-drop interface.
The United Talent Agency (UTA) is one of the backers in a new, software-driven influencer marketing startup called Captiv8 , which announced a funding round this morning. Captiv8 says it uses artificialintelligence to programatically identify influencers, particularly on YouTube, and helps connect them with brands.
Los Angeles-based Camino Financial , a fintech startup offering up small business loans to Latinx businesses, announced an $8M funding round this morning, its Series A. According to the company, the funding was led by Credito Real, the Mexican financial services company. Camino Financial is led by CEO Sean Salas. READ MORE>>.
San Diego-based Netradyne, a developer of artificialintelligence (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.
Los Angeles-based venture investor March Capital is the lead investor in a $51M, Series C funding round for Uniphore , which also included Chiratae Ventures (formerly IDG Ventures), Sistema Asia, CXO Fund, ITP, Iron Pillar, Patni Family, and others. Uniphore's operations are split between Chennai, India and Palo Alto, California.
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 GumGum , which develops artificialintelligence software for the advertising and media market, has raised $22M more in a funding round, the company said on Thursday. According to the firm, the new $22M funding came from Morgan Stanley Expansion Capital, NewView Capital, and Upfront Ventures.
Wearables are clearly an important market but to me a much broader use case is bringing real-world objects into the computing world and there is no better mechanism than Computer Vision. You can track meeting rooms in a large campus to find out which rooms get used most often and at which times of the day.
Los Angeles-based I.am+ , the tech startup started by pop star will.i.am , said on Monday that it has raised $117M in a venture funding round, and has launched itself into the artificialintelligence tools market for the enterprise. According to I.am+, the round includes Salesforce Ventures, along with other.
Metropolis is a new Los Angeles-based startup that’s looking to compete with BMW-owned ParkMobile for a slice of the automated parking lot management market. And REEF’s $700 million round of funding from last year shows there’s a lot of money to be made — or at least spent — in a parking lot.
Carlsbad-based Ezoic , a developer of artificialintelligence software for the digital publishing market, has raised $33M in a funding round, the company said this week. The funding came from Sageview Capital. the company said it will use the funding to expand its platform. READ MORE>>.
Los Angeles-based Phyn , the Belkin spinout which is developing very advanced, machinelearning-driven smart water usage monitoring systms, has raised $12M more in a funding round, the company announced on Thursday. The funding came from Belkin International and Uponor, both prior investors in Phyn.
Santa Monica-based venture investor March Capital Partners (www.marchcp.com) announced last week that it has raised a second fund, worth $300M. To learn about the new fund, we sat down with Jamie Montgomery , one of the fund's co-founders, to hear about March Capital's strategy and the new fund.
Santa Barbara-based TrackStreet , a developer of software to help manufacturers monitor their channel and e-commerce sites--and in particular, minimum-advertising-price (MAP) policies--has raised $2M in seed funding, the company said Wednesday.
The company is ServiceTitan, and its market… is air conditioners. Now following a $62 million round of funding led by Battery Ventures last month, the company is worth roughly $800 million, according to people with knowledge of the investment, and is on its way to becoming Los Angeles’ next billion-dollar business.
in a funding round. 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 Venture Capital, and Stage Venture Partners and Brad Perry (co-founder of Dealer Socket), along with others. The founder and CEO of TrackStreet is Andrew Schydlowsky.
The machine revolution has begun, artificialintelligence is here. The latest advancements in machinelearning look to transform whole industries, redefining the workforce and in many instances replacing human interactions. The latest advancements in machinelearning are set to transform the workplace.
Santa Monica-based Graze , a new startup backed by Wavemaker Partners, said this morning that it has launched a new, robotic lawn mower targeted at the commercial market. Graze says it is using equity crowdfunding through SeedInvest for its funding efforts. READ MORE>>.
Los Angeles-based Beyond Limits , a startup which is developing artificialintelligence software for the industrial and enterprise market, said this morning that it has raised $133M in a Series C funding round. According to the company, it has closed on $113M of that funding, with another $20M committed in the round.
Los Angeles-based Wonder Dynamics, a startup founded by actor Tye Sheridan of "Ready Player One", said it has raised $9M in a Series A funding round. The funding was led by Horizons Ventures and also included Epic Games and Samsung Next.
Pasadena-based Miso Robotics , a developer of burger-flipping, artificialintelligence-driven robots aimed at the restaurant industry, has raised $3.1M in a funding round. The funding came from Newport Beach-based Acacia Research Corporation, along with others.
Los Angeles-based Sunbit , a fintech startup which provides point-of-sale financing for purchases, using machinelearning to qualify consumers, has raised $26M in a Series B funding round, the company said this week. The funding was led by Zeev Ventures, and also included Group 11 (formerly SGVC), Chicago Ventures, and others.
Torrance-based Phyn , the developer of the remarkably advanced water monitoring technology spun out of Belkin, said today that it has raised another $10M in funding, from current investor Uponor. According to Phyn, the new investment will go towards market penetration and to scale the company's operations.
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