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SanDiego-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". READ MORE>>.
SanDiego-based Nervana System has raised $3.3M for its hardware-based, machinelearning tools, according to the company. Nervana said the Series A funding was led by DFJ, and also included Allen & Co., As part of the funding, Steve Jurvetson of DFJ will join the company''s board of directors.
Singapore-based investment firm b>Temasek says it is funding and has launched a new, artificialintelligence startup that is headquartered in SanDiego 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.
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. Tim Grace: PointPredictive is an artificialintelligence, machinelearning, and pattern recognition provider.
SanDiego-based Reveal Biosciences , a startup applying artificialintelligence (AI) and machinelearning to pathology, has received a round of funding from Intel Capital , the corporate venturing arm of microprocessor giant Intel. Size of the investment in Reveal Biosciences was not announced.
SanDiego-based Qualcomm announced on Wednesday that it has launched a brand new, venture capital investment fund, which will focus only an artificialintelligence. The first investment out of the fund is in AnyVision , a startup working on face, body, and object recognition.
SanDiego-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.
SanDiego-based Model Medicines, a company that is developing artificialintelligence and machinelearning software for the drug discovery and development process, has raised $4.1M in a funding round. The funding came from 8VC, Irving Investors, Particle X and Nex Cubed.
SanDiego-based Deckard Technologies , a new startup founded by serial entrepreneur Neil Senturia, said on Monday that it has raised $4M in funding and launched a new company focused on using artificialintelligence (AI) to identify property tax scofflaws. The company said its latest funding was worth $500,000.
SanDiego-based startup incubator operator EvoNexus is launching a brand new, financial technology (Fintech) incubator, in a partnership with Royal Bank of Canada (RBC) and Franklin Templeton , the incubator announced this morning.
Let’s catch up with the latest tech news in SanDiego. —SanDiego’s AON Devices was among 10 startups selected to compete at a recent pitch competition hosted by the corporate venture capital arm of Qualcomm (NASDAQ: QCOM ). Read more » Reprints | Share:
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.
SanDiego-based TealTech Capital , a new, $60M venture investment fund backed by Torrey Pines Investment, has launched its new investment fund, and made its first investment. Size of the investment in TealNet MMO was not announced.
SanDiego-based Brain Corp. , a startup developing artificialintelligence software that powers self-driving robots, has raised $114M in a Series C funding round. The funding was led by SoftBank Vision Fund, and also included Qualcomm Ventures. Brain Corp.
According to EvoNexus, companies that have participated in its earlier programs last year raised $226M in funding, and so far, it has seen six exits out of its participants worth over $800M. READ MORE>>.
SanDiego-based Harvest.ai , a developer of software that uses machinelearning and artificialintelligence to prevent data loss from enterprises, has reportedly has been acquired by Amazon.com. in funding from Trinity Ventures back in March of 2015. Harvest.ai had raised only $2.3M
Reali , a Silicon Valley real estate startup backed by Zeev Ventures, Signia Venture Partners, and others, has officially launched in the SanDiego company. Reali announced a $20M, Series B funding in July which it said it would specifically use for the expansion to Southern California.
SanDiego-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.
SanDiego-based Kneron , a developer of artificialintelligence 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.
SanDiego- and Irvine-based startup incubator operator EvoNexus says it is looking to attract financial technology (fintech) startups, and is now accepting startup applications for a new financial technology incubator it has launched with Franklin Templeton and Royal Bank of Canada. READ MORE>>.
in healthcare software developer Welltok , which announced a big funding round this morning. Miramar and Okapi are in Orange County, and Qualcomm is in SanDiego. The investment is the first out of IBM''s $100M "Watson Fund", which aims to invest in companies using its Watson artificialintelligence software.
ServiceNow , the developer of information technology service management software which has major operatinos in SanDiego, has acquired Mountain View-based Passage AI , a developer of conversational AI tools. Passage AI was founded in 2016 and had received funding from Blumberg Capital, Storm Ventures, Engineering Capital, 11.2
SanDiego-based Tourmaline Labs , a startup developing location-aware smartphone software for mobile apps hsa raised a round of funding, and appointed a new CEO. Size and details of the funding were not announced. READ MORE>>.
SanDiego-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.
SanDiego-based Deep Longevity , a new startup using artificialintelligence to focused on aging-related biomarkers, has raised a Series A funding round, the company said on Tuesday. Size of the investment was not announced. READ MORE>>.
SanDiego-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 artificialintelligence software which can pick, trade, and manage stocks better than humans.
SanDiego-based Netradyne , a developer of artificialintelligence and "deep learning" software used for vision recognition--particularly in autonomous vehicles--has raised $21M more in a funding round. percent of the startup; Reliance had invested $16M in Netradyne in 2016.
SanDiego-based Brain Corp , which is developing artificialintelligence software used for vision recognition and navigation in robots, is powering a new robot from Softbank Robotics largest investors is SoftBank, via its SoftBank Vision fund. READ MORE>>.
[ 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.
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. Staley Capital is based in Boston, and TVC Capital is based in SanDiego.
SanDiego-based Gretel has raised a seed round of funding, to go towards its development of software which helps developers and engineers access and share anonymized data for developing applications. The funding was led by Moonshots Capital, and also included Greylock Partners and Village Capital. READ MORE>>.
In a keynote talk Tuesday night that was a headliner event for Startup Week SanDiego, Calacanis observed that it doesn’t feel like the millennial generation is doing as well financially as their parents’ generation.
SanDiego-based Entos, a developer of artificialintelligence and automated synthetic development technology for designing small-molecule therapeutics, has raised $53M in a Series A funding. As part of the funding, Aaron Weiner, Managing Director and Head of Healthcare at Coatue, and R.
SanDiego-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.
SanDiego-based Harvest.ai , a startup which says it was created by former, NSA field operation team members, has raised $2.3M in a seed funding. said it is developing artificialintelligence-based, data loss prevention software, which helps prevent data breaches from organizations. Harvest.ai READ MORE>>.
SanDiego-based machinelearning software developer Point Predictive has raised a new, Series B growth financing round, the company announced this morning. Size of the new funding round was not announced. Steve Piaker, a Partner at Napier Park Financial Partners, also joins the company's board witht he funding.
SanDiego-based Gretel.ai, a startup which is developing privacy technology, has raised $50M in a Series B funding, the company said today. The funding was led by Anthos Capital, and also included Section 32, Greylock, and Moonshots Capital. According to the company, it has now raised $65.5M. is led by CEO Ali Golshan.
The co-founder of SanDiego-based startup MemComputing , UC SanDiego professor Max Di Ventra, has received a $500,000 grant from the Defense Advanced Research Projects Agency (DARPA), to advance the research behind MemComputing's computing technology. READ MORE>>.
SanDiego-based machinelearning startup PointPredictive announced on Thursday that it has closed a Series A funding round. The funding was led by Mosaik Partners. Mosaik Partners' Miles Kilburn joins the company's board with the funding. Size of the investment was not announced. READ MORE>>.
SanDiego-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 in a seed funding round. The funding round was led by the Tech Coast Angels, and the TCA's SanDiego chapter. in the round.
Artificialintelligence innovation has become part of our everyday lives—retailers use it to tailor the product recommendations they make; biotech companies hope it can create customized medicine. But its shortcomings, born of human biases, are becoming apparent as well.
SanDiego- and Baltimore-based private equity investor JMI Equity is the lead backer of a developer of artificialintelligence software 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). READ MORE>>.
SanDiego-based Seismic , which develops sales enablement and marketing software, has acquired Grapevien6 , a social and digital sales software developer. Seismic said the buy will power a new integrated offering it is calling Seismic LiveSocial, which will use the artificialintelligence (AI) engine created by Grapveine6.
SanDiego-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. The funding was co-lead by FINTOP Capital and JPMorgan Chase.
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