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VR Company Specular Theory Lands $4.5 Million Air Force Contract

L.A. Business Journal

Venice-based virtual reality software company Specular Theory Inc. million contract with the Defense Department to expand development of its training products for the Air Force. secured a $4.5

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Thankful Expands To Europe

socalTECH

Venice, California-based AI customer service software developer Thankful said today that it is expanding into the European market, via a partnership with Netherlands-based Dixa. The company said it is developing natural language processing software to help provide personalized service interactions for brands.

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Thankful Takes $12M For AI Efforts

socalTECH

Venice, California-based Thankful, a new artificial intelligence software startup focused on customer service, announced this morning that it has raised $12M in its Series A funding round. The funding was led by Alpha Edison, and also included Bonfire Ventures, Ten-One-Ten, Greycroft, Omega, and Miramar Ventures.

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Specular Theory Snags $4.5M For VR Training For Air Force

socalTECH

Venice Beach-based Specular Theory, a developer of virtual reality training software for the U.S. The company's VR software is used for training crews on performing air refueling operations. Air Force, says it has received $4.5M in a Small Business Innovation Research (SBIR) Phase III contract.

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Vyng Picks Up $4M For Video Ringtones

socalTECH

Venice, California-based startup Vyng , which develops software which turns calls from friends into cute "video ringtones" that show up on your lock screen when a friend calls, has raised $4M in a funding round, the company said on Thursday. Paul Kats is the CEO and co-founder of Vyng. READ MORE>>.

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Snap Quietly Buys 3D Game Engine Startup

socalTECH

Venice, California-based Snap , the parent firm of Snapchat , has quietly acquired a 3D gaming engine developer based in the UK, according to a report. According to the report, Snap acquired PlayCanvas, a developer of 3D game design software, last May. READ MORE>>.

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Gem Takes On Bitcoin APIs

socalTECH

Venice, California-based Gem said this week that it has launched a new, Bitcoin platform specifically aimed at developers. The startup--led by Micah Winkelspecht--said it is hoping to let developers use Bitcoin, but not require them to be expects in security or cryptography. READ MORE>>.

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