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TeleSign Adds Machine Learning For Fraud Scoring

socalTECH

Los Angeles-based TeleSign , which powers the phone-based verification and authentication systems of many top tier Internet e-commerce and web services providers, said on Thursday that it has begun using machine learning in its fraud intelligence software, TeleSign Score. READ MORE>>.

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Seed Health Acquires Auggi

socalTECH

Los Angeles-based Seed Health, which is focused on microbial sciences, says it has acquired Auggi, a digital health company which develops artificial intelligence and machine learning software to track and analyze digestive health. Financial details of the acquisition were not announced.

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BlockFraud Finds $5M For Anti-Fraud Software

socalTECH

Santa Monica-based BlockFraud , a developer of machine learning and artificial intelligence 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 Venture Capital. BlockFraud is led by CEO Massimo Cristini.

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App development shop V/One is giving away 50,000 free mobile app builds to budding LA mobile businesses

TechCrunch LA

The Los Angeles-based app development shop, V/One , is giving away 50,000 free mobile app builds through the rest of April as the company officially launches its platform for would-be, LA-based mobile app moguls. Users can think of it like Wix or WordPress for mobile app development.

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Sixgill Rolls Out Machine Learning Tool

socalTECH

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 machine learning. Sixgill is venture backed by DRW Venture Capital and Mobile Financial Partners. READ MORE>>.

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Snap accelerator names its latest cohort

TechCrunch LA

SketchAR — this Lithuanian company is developing an AI-based mobile app for teaching drawing using augmented reality. TRASH — using this machine learning-based video editing toolkit, users can quickly create and edit high-quality, short-form video.

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How ZestFinance Is Using Machine Learning to Reshape Lending, with Jay Budzik

socalTECH

One of the hottest sectors of the technology startup market today is the use of artificial intelligence, big data, and machine learning across many different sectors including finance. We worked with them to create a machine learning model for that line of business, which significantly outperforms traditional methods.