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Retina.AI Finds $2.5M In Funding

socalTECH

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. The company said the new funding will go towards expanding its services. Retina's customers include Dollar Shave Club. READ MORE>>.

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FloQast Wins WP Engine

socalTECH

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

socalTECH

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. According to the company, its new service, Retina Go!

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

socalTECH

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?