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Newport Beach-based Lantern Credit , a fintech startup focused on the consumer credit market, said this morning that it has acquired a set of software used for machinelearning.
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?
Santa Barbara-based Reactful , a developer of artificialintelligence and machinelearning software for website personalization, and 6sense , a devleoper of "account based orchestration" software for marketers, said they are in a new technology partnership. Financial terms of the deal were not announced.
In addition Peter founded Smart Action Company, which offers an intelligent call automation solution based on a first-generation AGI engine. He considers himself an Objectivist and Extropian, and is actively involved in futurism, free-market ideas, and extreme life-extension. Events ArtificialIntelligence Singularity'
Playa del Rey-based The Smart Action Company is looking to apply artificialintelligence (AI) to the interactive voice response market, and has released a new producted focused on internative voice response, or IVR. Tags: smart phone artificialintelligence startup voice action response. READ MORE>>.
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. One Los Angeles company, ZestFinance (www.zestfinance.com), has been working in this area for a few years.
Image via Pixabay Everyone has heard about the big potential for using artificialintelligence (AI) to expand your business, but many of the small businesses I mentor are still wary of embracing it, because they don’t understand how it works, and fear losing control and unintended consequences.
It’s another indicator that the Los Angeles technology ecosystem is coming of age, but also a sign that March’s core investment strategies — to invest in companies applying artificialintelligence to business use cases and investing in the next wave transforming computing infrastructure — are paying off.
TRASH — using this machinelearning-based video editing toolkit, users can quickly create and edit high-quality, short-form video. This class shows us that there’s no shortage of innovation at the intersection of creativity and technology, and we’re excited to be part of each company’s journey.”.
Conventional thinking in business has long been that strategy decisions are made by humans, while the focus of automation and machinelearning should be on execution. They think they are saving costs by not using the latest technology to capture data, and minimizing storage. Get data flowing, and machines talking to each other.
San Diego-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.
The companies in this class include Avisare (business networking), Blue Fever (Netflix for millennial women), DirecTech Labs (machinelearning and chatbots); Heartbeat (marketing automation); Liv (mixed reality); Maslo (artificialintelligence); Playfull (brand engagement); Slingshot Aerospace (object classification, computer vision, and machinelearning); (..)
EvoNexus says it is looking for fintech startups in the areas of artificialintelligence/machinelearning, bank/wealth/payment technology, capital marketstechnology, cybersecurity, blockchain, mobile payments, P2P lending, digital cash, InsurTech, RegTech, data science and predictive behavior analytics.
Self-driving and robotics startup Cartken has partnered with REEF Technology, a startup that operates parking lots and neighborhood hubs, to bring self-driving delivery robots to the streets of downtown Miami. Starship Technologies CEO Lex Bayer on focus and opportunity in autonomous delivery.
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.
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. investment efforts. AET Fund said that so far, it has made investments in six different startups, including HypeVR, FABLE STUDIO, Tyffon Inc., and ALE Co.,
San Diego- 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>>.
Miku--which launched its product at CES 2019--says its sensors connects with smartphones "from anywhere in the world" and sends alerts to parents using AI and machinelearningtechnology, using both optical and wireless sensing.
GumGum , the Los Angeles-based startup that’s spent the past decade applying machinelearningtechnologies 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.
Irvine-based cybersecurity software developer Cylance has launched a new product, aimed at the consumer market. Cylance said it has launched Cylance Smart Antivirus, which takes the company's enterprise, artificialintelligence-driven antivirus technology and applies it to home users.
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. READ MORE>>.
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. REEF Technology raises $700M from SoftBank and others to remake parking lots. Unlike REEF, Metropolis will remain focused on mobility, according to Israel.
Glendale-based ShadeCraft , a new startup using robotics technology for house shading, said it is launching its product at CES. The company claims the device uses artificialintelligence, Internet-of-Things (IoT), and sensors. The company is led by Armen Gharabegian.
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>>.
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.
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.
Pasadena-based robot developer Miso Robotics says it has officially launched its burger flipping robot, "Flippy", at CaliBurger's Pasadena location--and, separately, has inked a partnership to bring its robotics technology to the sports and entertainment venue market.
Atlazo is developing systems-on-a-chip technology specifically aimed at use in the hearing aid, wearable, and healthcare IoT market, with ability to provide AI and machinelearning support for bio-sensing and other applications. According to the TCA, its angel network members invested $2.5M in the round.
which is developing vision-based, autonomous artificialintelligence (AI) systems for self driving vehicles, says it is in a deal to bring its technology to the industrial and commercial cleaning area. The two said the deal will bring a self-driving, floor cleaning machine to market, which autonomously navigates facilities.
The company is ServiceTitan, and its market… is air conditioners. That’s likely due to a continually expanding toolkit that now boasts a customer relationship management system, efficient dispatching and routing, invoice management, mobile applications for field professionals and marketing analytics and reporting tools.
Los Angeles-based UBTECH Robotics , which develops humanoid-like rbots for the STEM (Science, Technology, Engineering, Math) market, said on Wednesday that it has launched a brand new programmable robot called the Yanshee. According to UBTECH, its new robot--aimed at the U.S.
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.
San Diego- and Beijing-based TuSimple , a startup developing autonomous driving technology, says it has received a permit from the California Department of Motor Vehicles to test autonomous driving vehicles on the road. The startup says it hopes to run a test this month taking an autonomous vehicle 420 miles from San Diego to Tucson.
So I think it’s safe to say that any technology that can make the process easier is welcome by all. It has developed technology to give people a way to pay bills outside of traditional methods, such as through the mail, over the phone or via a Web portal. Paying bills is hardly a fun thing. It’s a true universal payment method.”.
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. and continued expansion in global markets. and continued expansion in global markets.
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. READ MORE>>.
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. MakeSpace doesn’t need large numbers of local storage facilities near your house, so it has a greatly reduced cost structure for its facilities.
According to TrackStreet, it is developing brand protection technology, which uses artificialintelligence and automation to help brands monitor brand, MAP (minimum advertised price), and resale pricing violations. The company says it already has customers such Domestic, Mercury Marine, Smuckers, The Weyco Group, and Zeiss.
Note that none of these three famous innovators were inventors like Thomas Edison, but visionaries who find a new marketplace or niche – or how to reach the mass market in new ways. You don’t have to invent the next big thing, just see the place where you can fit a technology into a new, much larger environment.
According to the company, the new funds go towards further development of its artificialintelligencetechnology, and to extend its platform and for market efforts. The seed funding was led by Okapi Capital, and also included Stage Venture Partners, SaaS Capital, and angels.
DNA image via Wikipedia As a business advisor and technologist, I often think about the large array of opportunities for entrepreneurs as technology seems to be evolving faster and faster. Yet from time to time, I try to step back and look for some of the most promising and exciting technologies that I see coming down the pike.
A new, Irvine-based startup AONdevices --based in the EvoNexus incubator--said this morning that it has launched its company, which is developing artificialintelligence (AI) systems-on-a-chip (SoC) technology to enable embedding of voice control technology in devices like smartphones and wireless headsets.
Santa Ana-based AWM Smart Shelf (Adroit Worldwide Media), which develops computer vision and machinelearningtechnology, says it has opened up its very first "autonomous micromarket" in Santa Ana, which lets residents of the Nineteen01 luxury apartment community shop for sodas, water, juice, food, and more--all without the need for a clerk.
The company said it is building artificialintelligence (AI) technology for the film and "Metaverse" markets. 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.
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