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Postie Raises $3.5M To Apply Machine Learning To Direct Mail

socalTECH

Los Angeles-based Postie , a new startup focused on using machine learning 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.

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Halla Finds $1.4M For Online Grocery Personalization

socalTECH

A brand new, Los Angeles-based artificial intelligence startup, Halla , announced on Wednesday that it has raised $1.4M in its seed funding round, to help it expand its development of personalization technology for online grocers. The company said it has now raised a total of $1.9M

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Five Questions With a16z’s Vijay Pande on AI and Making New Drugs

Xconomy

Those tools—artificial intelligence and machine learning, 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.

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Ferret Finds $4M For AI Tools

socalTECH

Los Angeles-based Ferret, a startup working on artificial inteligence software to help people determine who they can trust, has raised $4M in a seed funding round, according to the company. The company said it is developing machine learning algorithms which help users determine who they can trust in real time.

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Trousdale Ventures Seeds Preamble's AI Tools

socalTECH

Los Angeles-based venture investor Trousdale Ventures announced this morning that it has made an investment in Preamble, a startup offering up "ethical artificial intelligence" moderation to social networks. Size of the seed funding round was not announced.

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TRASH Debuts AI Video Creation Tools

socalTECH

TRASH , a startup that was part of Venice-based Snap 's Yellow accelerator program, has rolled out a new artificial intelligence (AI) video creation platform. TRASH says it has raised $2.25M in pre-seed funding from Precursor, Dream Machine, and other institutional venture funds.

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Theta Lake Takes $12.7M For Security, Compliance Software

socalTECH

Theta Lake said that it has now raised a total of $20M in funding for its platform, which it says is used to protect both employers and employees using collaboration tools. As part of the funding, Lightspeed's Arif Janmohamed joins the company's board. The company's seed funding was in January of 2019.