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San Diego-based Nervana Systems , a startup developing hardware specifically aimed at artificialintelligence software, has raised $600,000 in a funding round. The company--led by Naveen Rao--says it is developing computer hardware specifically for "deep learning". READ MORE>>.
for its hardware-based, machinelearning tools, according to the company. Nervana said the Series A funding was led by DFJ, and also included Allen & Co., As part of the funding, Steve Jurvetson of DFJ will join the company''s board of directors. San Diego-based Nervana System has raised $3.3M
Santa Monica-based BlockFraud , a developer of machinelearning and artificialintelligence software used for detecting mobile fraud, has reportedly raised $5M in a Series A funding, the company disclosed on Wednesday. The funding was led by Palisades Venture Capital. READ MORE>>.
San Diego-based Erasca , a company which is using artificialintelligence to drive the discovery and development of new oncology drugs to help cure cancer, has raised $64M in a Series A funding, the company said this morning. According to the company, the new funding will to towards. READ MORE>>.
Elon Musk , the billionaire technology mogul behind SpaceX, has put some money behind--surprisingly--an effort to help developerartificialintelligence research. Altman and Musk are co-chairs of the new group.
Irvine-based cybersecurity software developer Cylance announced today that it has raised $20M in a Series B funding, which came from Blackstone, Khosla Ventures, Fairhaven Capital and un-named private investors. Cylance says it is applying artificialintelligence, algorithmic science and machinelearning to cyber security.
A brand new, Los Angeles-based artificialintelligence 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
Greycroft Ventures , which has a big presence in Los Angeles, has backed Silicon Valley-based BlueCart , a developer of machinelearning software and other tools for the hospitality industry, to the tune of $5M. BlueCart said this week that it raised $5M in its Series B-1 funding, bringing its total raised to $22M.
San Diego-based Model Medicines, a company that is developingartificialintelligence and machinelearning software for the drug discovery and development process, has raised $4.1M in a funding round. The funding came from 8VC, Irving Investors, Particle X and Nex Cubed.
Woodland Hills-based REX Real Estate Exchange , a startup which helps homeowners sell their homes without using an MLS, has raised $15M in a Series B funding. The company has now raised over $30M in funding. The company only charges a 2 percent, flat free.
Los Angeles- and South San Francisco-based Unity Influence , a developer of influencer advertising software, has raised $1M in funding, according to the company. Source of the funding was not announced. Unity Influence is using machinelearning and artificialintelligence tools to connect advertisers with "micro-influencers".
One of the hottest sectors of the technology startup market today is the use of artificialintelligence, big data, and machinelearning across many different sectors including finance. We worked with them to create a machinelearningmodel for that line of business, which significantly outperforms traditional methods.
Frame AI is a developer of artificialintelligence and machinelearning used by companies to understand customer churn and behavior. in its Series A funding round, which was led by G20 Ventures and Greycroft. Frame AI said this morning that it raised $6.3M
SketchAR — this Lithuanian company is developing an AI-based mobile app for teaching drawing using augmented reality. Stipop — a Seoul-based sticker API developer with a library of over 100,000 stickers created by 5,000 artists.
Even when they have talked to multiple developers or development firms, we’re often the first to ask basic questions like “Who are your customers?” ” or “Are you developing for desktop, tablet, mobile, or all three?” The innovator/developer relationship needs to be a conversation.
Laguna Hills-based Ephesoft , a developer of document capture software, has raise $15M in a Series A funding, the company said this week. The funding came from Mercato Partners. Joe Kaiser of Mercato joins the company's board with the funding.
Irvine-based Bitvore , the big data, artificialintelligence, and data analytics startup, has upped its latest funding round to $14.2M, as part of what appears to be an ongoing $17.75M funding effort.
Los Angeles-based ringDNA , which developsartificialintelligence software for the sales market, has added a new sales coaching product that uses artificialintelligence to help improve sales teams. Pricing on the new product was not announced. READ MORE>>.
Anaheim-based Cogitai l, a new artificialintelligence (AI) software startup, said Tuesday that it has raised a strategic round of investment from Sony Corporation. Cogitai said it is developing "core" artificialintelligence software technology. Size of the investment was not announced. READ MORE>>.
Singapore-based investment firm b>Temasek says it is funding and has launched a new, artificialintelligence startup that is headquartered in San Diego and Singapore, called Aicadium. The new startup will focus on developing a common machinelearning platform to deliver AI-as-a-Service from discovery to deployment.
Those tools—artificialintelligence and machinelearning, respectively—have been around for decades, but in recent years have become faster and cheaper, accelerating their use by those in the business of discovering and developing new drugs. Andreessen Horowitz, also.
A group of researchers in Australia have been awarded just over $400,000 (USD) in government funding to study the possibilities of merging AI with human brain cells, a research project likely to bring a number of AI-related ethical and existential questions to the fore.
El Segundo-based CUJO AI , a developer of artificialintelligence-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.
Los Angeles-based Elementary, which is developingartificialintelligence, machine vision software for the manufacturing industry, said Thursday that it raised $30M in its Series B funding. Elementary is focusing its machinelearning and artificialintelligence efforts on automating inspections in manufacturing.
Los Angeles-based March Capital is the lead investor in an artificialintelligence startup, which is aiming at improving employee service, as it further continues its theme of investing in big data, artificialintelligence, and machinelearning startups in the enterprise.
Irvine-based cybersecurity software developer Cylance said today that it has entered into a strategic partnership with In-Q-Tel , the investment arm of the U.S. intelligence community. The company said the agreement will support further development of its artificialintelligence and machinelearning technology.
Irvine-based NGD Systems , a company developing "computational storage" devices which can run AI, machinelearning, and analytics functions within data storage devices, has raised $20M in a Series C funding, the company said this morning. the strategic investment fund of Western Digital Corp.), READ MORE>>.
San Juan Capistrano-based OspreyData , a developer of data analytics software used for the oil and gas business, says it has raised $5M in a series A funding round. The funding was led by Houston Ventures.
Los Angeles- and Austin-based Slingshot Aerospace , the venture-backed developer of artificialintelligence software for processing satellite, aerial, and drone imaging, said this morning that it has won a $6M contract award, from the Air Force Space and Missile Systems Center (SMC).
Los Angeles-based LegalMation , a startup which developsartificialintelligence and machinelearning-based software for litigation and law practices, has raised a round of funding, according to the company. Size of the funding was not announced.
Irvine-based Huckleberry, a developer of an artificialintelligence-driven app which helps parents with pediatric sleep advice, says it has raised $12.5M in a Series A funding. The funding was led by Morningside Ventures and also included Spero Ventures and Tamarisc VC.
Los Angeles-based Ferret, a startup working on artificial inteligence software to help people determine who they can trust, has raised $4M in a seed funding round, according to the company. The company said it is developingmachinelearning algorithms which help users determine who they can trust in real time.
Los Angeles-based Trace , a developer of mobile apps which automatically track your sports activity using sensors, video, and artificialintelligence, has scored a round of investment from Intel Capital. Size of the funding round was not announced. READ MORE>>.
Los Angeles-based employee wellness and artificialintelligence (AI) software developer Three Good announced that it has raised a seed funding round. in that funding. The company says it is using both artificialintelligence and traditional psychology to help companies beat employee burnout.
Carlsbad-based Source Intelligence , which provides supply chain compliance software, has raised new funding, the company announced this morning. Amount of the new funding was not announced. The Series B funding came from Source Capital Partners and Kayne Capital Partners, as well as "local banks". READ MORE>>.
The Investment Group of Santa Barbara (IGSB) is one of the backers this week in machinelearning and artificialintelligence software developer Solvvy. Solvvy says it has raised $4.5M
Los Angeles-based employee wellness and artificialintelligence (AI) software developer Three Good announced that it has raised a seed funding round. The company says it has raised $700K in that pre-funding. in seed funding. The company said it is in the midst of raising $2.5
years of software development. And we’re investing in computer vision technology to better image your storage items and soon we’ll be able to predict what you have in storage based on artificialintelligence algorithms that can probabilistically determine which things are pictures, lamps, dressers, skis and so forth.
[ Updated 12/27/18, 9:54 am ] Manoj Saxena is bullish on artificialintelligence. startup CognitiveScale and managing director of The Entrepreneur Fund , which makes investments in early-stage machinelearning companies, Saxena believes A.I. As chairman of Austin, TX-based A.I. technologies.
a startup developingartificialintelligence software that powers self-driving robots, has raised $114M in a Series C funding round. The funding was led by SoftBank Vision Fund, and also included Qualcomm Ventures. San Diego-based Brain Corp. , Brain Corp.
Santa Monica-based Boulevard a developer of cloud-based software used by salons and other appointment-based businesses to automate the process of booking appointments, has raised a seed round of funding, according to one of its investors. Size of the funding round was not disclosed. READ MORE>>.
San Diego-based Harvest.ai , a developer of software that uses machinelearning and artificialintelligence to prevent data loss from enterprises, has reportedly has been acquired by Amazon.com. in funding from Trinity Ventures back in March of 2015. The company was reportedly acquired for around $20M.
El Segundo-based CUJO AI , a startup developingartificialintelligence software for detecting security attacks on consumer networking infrastructure, has raised a Series B funding round, the company said this morning. Size of the new round was not announced. The company is led by CEO Einas von Gravrock. READ MORE>>.
Los Angeles-based HiveWatch, a developer of "multi-sensor" data collection tools being applied to physical security, has raised $20M in a Series A funding, the company said this morning. The funding was led by former Twitter executives Dick Costolo and Adam Bain.
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