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SanDiego-based Nervana System has raised $3.3M for its hardware-based, machinelearning tools, according to the company. Nervana is developing machinelearningtechnology--including software and hardware--which is being targeted at a wide range of areas. AME Cloud Ventures, and Fuel Capital.
SanDiego- and Orange County-based startup incubator EvoNexus and the University of California SanDiego's Rady School of Management announced this morning that the two are in a new partnership, aimed at creating a new generation of FinTech startups.
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 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.
The SanDiego Angel Conference, an angel investing effort which is run by the University of SanDiego (USD) School of Business, says it has made investments in five companies at its conference this year, worth a total of $500,000.
Two, SanDiego-based software development and integration companies-- Solekai Systems and Fairway Technologies --said this morning that they have merged into a new company. Financial details of the merger were not announced. According to both companies, they will continue to operate under their respective names. READ MORE>>.
SanDiego-based Fairway Technologies , a provider of consulting services in the IT area, said it has acquired Los Angeles-based IT Strategists , a provider of big data and data-driven IT consulting. Brett Humphrey is CEO of Fairway Technologies, which also has offices in SanDiego and Orange County, as well as Austin, Texas.
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.
These are heady times for using artificialintelligence to extract insights from healthcare data—in particular, from the tidal wave of information coming out of fields like genomics and medical imaging. This story is part of an ongoing Xconomy series on A.I. in healthcare.
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. READ MORE>>.
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.
When people think Walmart , they don't often think of the retail giant as a technology leader. However, the company's technology team, Walmart Labs (www.walmartlabs.com)--which said this month that it is planning on major growth in SanDiego is responsible for the company's key supply chain technology, online e-commerce site, and much more.
Online lending provider Elevate , which has its research and analytics center in SanDiego, has named the former Chief Credit Officer of PayPal to the position at the company, based in SanDiego. Biglin was most recently CEO of Pacific Credit Group, and also served as Chief Risk Officer at loanDepot.com and at Intuit.
When people think Walmart , they don't often think of the retail giant as a technology leader. However, the company's technology team, Walmart Labs (www.walmartlabs.com)--which said this month that it is planning on major growth in SanDiego is responsible for the company's key supply chain technology, online e-commerce site, and much more.
SanDiego-based artificialintelligence software developer Brain Corp says it has linked up with processor developer NVIDIA , to power its latest product, an earlier announced commercial vacuum cleaner from SoftBank Robotics. READ MORE>>.
The group said that it is looking for startups aiming at such areas as artificialintelligence and machinelearning, cybersecurity, mobile payments, insurance technology, edge computing, and other areas for its next class, which is being sponsored by Franklin Templeton and RBC (Royal Bank of Canada), the latest group of startups being helped through (..)
Reali , a Silicon Valley real estate startup backed by Zeev Ventures, Signia Venture Partners, and others, has officially launched in the SanDiego company. As part of Reali's move into SanDiego, the company said it is launching a new nonprofit effort called Reali for Good, a program which will support U.S.
Summer can be a slow time in SanDiego, but its startups have stayed busy. —Ezoic, a startup that developed software for web publishers that uses machinelearning techniques to personalize layouts and ad placements for site visitors, raised $33 million to further develop its technology. .
SanDiego-based autonomous driving systems developer TuSimple--which is developing technology to enable autonomous trucks--said this week that it has selected NVIDIA's DRIVE Orin systems-on-a-chip (SoC) for its Level 4 autonomous trucking efforts. NVIDIA is best known for its GPUs.
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 The funding round was led by the Tech Coast Angels, and the TCA's SanDiego chapter. in a seed funding round. in the round. in the round.
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>>.
SanDiego-based Citadel Defense , which develops counter-drone technology to help detect and identify unauthorized drones, claims it has deployed its technology for three, undisclosed U.S. government agencies. The company said those deployments were all through a pilot program.
SanDiego-based Kneron , a developer of artificialintelligence software, has raised $40M more in Series A funding, from investor Horizons Ventures. The company also has raised funding from Alibaba Entrepreneurs Fund, CDIB, Himax Technologies, Qualcomm, Thundersoft, and Sequoia Capital.
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. Financial details of the buy 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.
[ 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. technologies. As chairman of Austin, TX-based A.I.
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.
Los Angeles-based XPRIZE , which runs a number of prize-based competitions for developing technology, has named eighteen teams for its $2 million, Wendy Schmidt Ocean Health XPRIZE , including two local teams. The groups will go on to submit their technology to affordably and accurately measure ocean acidification.
SanDiego-based Lytx , which develops vidoe-based driver safety systems for the commercial and public sector, reported this morning that it has scored a win with concrete company Lauren Concrete. Lytx says it incorporates machine vision and artificialintelligencetechnology into its products for improving driver safety.
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 Nervana Systems , a developer of artificialintelligence and "deep learning" technology, has been acquired by Intel , in a deal that is reportedly worth $350M. Nervana will continue to operate out of its headquarters in SanDiego. READ MORE>>.
SanDiego-based Cubic Corporation said on Wednesday that it has acquired GRIDSMART Technologies , a developer of video tracking technology for the traffic management market. The deal was worth $87M in cash.
SanDiego-based Gretel.ai, a startup which is developing privacy technology, has raised $50M in a Series B funding, the company said today. Gretel.ai's privacy technology helps generate synthetic data, which preserves privacy, but can help provide data sets for training machinelearning and AI models.
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. Take, for example, facial recognition technologies that work best on white people and make the most errors on black people.
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 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- 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. TuSimple says it is the only SanDiego company to have a permit for testing autonomous vehicles in California.
SanDiego-based machinelearning software developer Point Predictive has raised a new, Series B growth financing round, the company announced this morning. As part of the funding, the company has named Michael Housman as Chief Technology Officer and promoted Eric Werab to Chief Revenue Officer.
SanDiego-based biotech investor NRGene, which says it is using artificialintelligence for genomics in the agricultural and livestock industry, says it has completed an initial public offering (IPO) on the Tel-Aviv Stock Exchange, and raised approximately $30M.
SanDiego-based digital identity verification provider Mitek said on Monday that it has acquired ID R&D, a provider of artificialintelligence (AI)-based voice and face biometrics and liveness detection technology. According to Mitek, it will use the acquisition to help battle biometric identity fraud.
SanDiego-based Brain Corp. 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. Brain Corp. is backed by Qualcomm Ventures, and is led by CEO Dr. Eugene Izhikevich.
SanDiego-based Human Longevity , a provider of precision health analytics, said today that it has acquired DoctorsForMe , which matches patients to doctors using artificialintelligence and big data technology. Financial terms of the acquisition were not announced.
“ Artificialintelligence will transform the education system.” “ Immersive technology will reshape learning forever.” The truth is: technology alone isn’t the answer. With back-to-school season in full swing, it’s imperative that we set the record straight. The issues affecting the educational system, especially.
SanDiego-based life sciences equipment maker Illumina announced this morning that it has acquired Menlo Park-based GRAIL , a developer of cancer early detection technology. According to Illumina, it will acquire GRAIL for cash and stock worth $8 billion. GRAIL is developing a multi-cancer screening test. billion in cash and $4.5
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