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Greycroft Leads $6.3M Funding In Frame AI

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Los Angeles-based venture investor Greycroft , which has made investments in such companies as AwesomenessTV, Maker Studios, Sometrics, Venmo, and others, is one of the lead investors in New York-based Frame AI. Frame AI is a developer of artificial intelligence and machine learning used by companies to understand customer churn and behavior.

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Halla Finds $1.4M For Online Grocery Personalization

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A brand new, Los Angeles-based artificial intelligence startup, Halla , announced on Wednesday that it has raised $1.4M in its seed funding round, to help it expand its development of personalization technology for online grocers. The company said it has now raised a total of $1.9M READ MORE>>.

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LegalMation Lands Funding Round

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Los Angeles-based LegalMation , a startup which develops artificial intelligence and machine learning-based software for litigation and law practices, has raised a round of funding, according to the company. Size of the funding was not announced. The company is led by CEO James M.

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CUJO AI Gets Funding Injection

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El Segundo-based CUJO AI , a developer of artificial intelligence-based cybersecurity software for telecom network operators, has raised a round of growth capital from KPN Ventures, the company said this morning. KPN Ventures is the corporate venture capital arm of Netherlands-based KPN, a large telecom company.

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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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Upfront Backs Tact.ai In New Funding Round

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Los Angeles-based venture capital investor Upfront Ventures has joined in a new round for one of its portfolio firms, Tact.ai , which announced a $27M Series C funding this morning. Tact.ai, which is based in Redwood City, has now raised more than $57M in total funding. READ MORE>>.

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What Did I Learn From the First VC Check I Ever Wrote?

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I became a VC 12 years ago in 2007 when the pace of deals was much slower. As I was trying to figure out the role I wanted to play in the VC world I decided I wanted to focus on businesses that were building deeply technical products to solve problems for business users. We not only have our Series A funds that can write $500k?—?$15