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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. secured a $4.5 million contract with the Defense Department to expand development of its training products for the Air Force.

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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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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. According to TRASH, its new AI software makes it easy to create and share videos from your phone, using the AI to automatically edit those videos.

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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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Viddy Gets $1.6M For Mobile Video Sharing Software

socalTECH

Venice, California-based Viddy , a new startup developing mobile video tools, said today that it has raised $1.6M in a first round of financing, and launched a mobile video creation and sharing tool for the iPhone.

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