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Retina.AI Finds $2.5M In Funding

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Retina develops customer lifetime value software which companies used to determine how much their customers are worth to them, helping them to optimize their cost-per-acquisition. Retina's customers include Dollar Shave Club. The company's CEO is Michael Greenberg. READ MORE>>.

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Retina Finds $8M

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Los Angeles-based Retina, a startup that is using artificial intelligence for predicting customer lifetime value, said on Tuesday tht it has raised $8M in a Series A funding round. The company says its customers include Nestle, Madison Reed, and Dollar Shave Club. Retina is led by co-founder and CEO Emad Hasan.

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FloQast Wins WP Engine

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Los Angeles-based accounting management software FloQast reported a win today with WordPress hosting service WP Engine. FloQast develops close management software for accountants. Financial details of the win were not announced. FloQast says WP Engine has more than $132M in annual recurring revenues. READ MORE>>.

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Retina Launches AI, Machine Learning Tool For E-commerce Companies

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Los Angeles-based Retina , a startup which develops machine learning and artificial intelligence software for predicting customer lifetime value (CLV) of a company's customer, said it has launched a new tool that it is offering up to small to middle-market e-commerce businesses. READ MORE>>.

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Retention Science Snags $7M

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Santa Monica-based Retention Science , the marketing software technology maker led by Jerry Jao, has snagged $7M in a Series A funding, according to the company. Angels Brian Lee (Honest Company, LegalZoom), Michael Dubin (Dollar Shave Club), Tamim Mourad (PriceGrabber.com) and Andy Dunn (Bonobos) also participated in the funding.

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Realtidbits Acquired By Livefyre

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San Diego-based Realtidbits , a developer of social sharing software for publishers, has been acquired by Livefyre , the two companies announced Monday. Livefyre will migrate users of Realtidbits'' various software products to its own platform. realtidbits livefyre merger acquisition social commenting software' READ MORE>>.

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Tx Zhuo On LA's Newest Venture Fund, Fika Ventures

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We are investing in founders who are leveraging the use of data, artificial intelligence-enabled technologies, and automation, to solve meaningful, systemic problems in a couple of industries, including the enterprise software, financial services, marketplace, and digital health areas. How did you get together and create the new fund?