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Sonos Buys Snips For Voice Technology In $37.5M Deal

socalTECH

Santa Barbara-based Sonos said on Wednesday afternoon that it has acquired Snips , a developer of an artificial intelligence platform for enabling voice interaction with connected devices. Sonos said that the deal--which includes the employees at Snips, along with its IP--will "elevate the voice experience" at the company.

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Interview with Elizabeth Cholawsky, HG Data

socalTECH

For this morning's interview, we caught up with Elizabeth Cholawsky , the new CEO of Santa Barbara-based HG Data (www.hgdata.com), which develops software which helps marketers and salespeople understand the "technology stack" of their potential customers and prospects. Elizabeth Cholawsky: HG Data is actually a seven year old company.

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Yardi Buys Proliphix

SoCal Tech Calendar

Santa Barbara-based property management software developer Yardi has acquired Proliphix , a Massachusetts-based developer of energy management hardware and software, according to the company. Financial terms of the acquisition were not announced.

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CALIENT Technologies Offers New Security Product

socalTECH

Santa Barbara-based CALIENT Technologies , which provides optical circuit switching technology, said today that it has linked up with American Networking Solutions to offer up a cyber-security product.

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CALIENT Technologies Gets $27 Million

socalTECH

Santa Barbara-based CALIENT Technologies said this morning that it has raised $27M in a round of venture funding, from both new and existing investors. According to Calient, it will use the funding to enhance its portfolio of optical circuit switching systems, to extend its IP portfolio, and for working capital.

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Five Startup Tips From Bill Gates

InfoChachkie

Like Steve Jobs, Michael Dell and Larry Ellison, he is one of the few startup Founders who remained at the helm of their respective companies throughout their entire maturation process. Effective startup leaders allow ideas to percolate from within their company, rather than attempting to monopolize the ideation process. Banana IP. "Intellectual

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Interview with Andrew Schydlowsky, TrackStreet: Brand Protection Using AI

socalTECH

Our interview today is with Andrew Schydlowsky , the CEO and founder of Santa Barbara-based TrackStreet (www.trackstreet.com), a startup which is backed by Okapi Capital, The Cove Fund, Early Light Ventures, SaaS Venture Capital, and Stage Venture Partners. For a company like us, it's really worked out well.