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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 funding came from Ali and Hadi Partovi, Sam Altman, Geoff Ralston, Scott Banister, Owen Van Natta, Eric Baker, Farzad Khosrowshahi, Dara Khosrowshahi, Allen & Co.,
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
has raised $8 million in Series A funding for its artificialintelligence platform for consumer insights. Santa Monica-based analytics company Retina AI Inc.
Los Angeles-based Postie , a new startup focused on using machinelearning and "quant marketing" to direct mail, said on Tuesday that it has raised $3.5M in a seed funding. The funding was led by Bonfire Ventures and Crosscut Ventures.
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>>.
There's been a revolution in the use of artificialintelligence and machinelearning in the last few years, by both startups and large companies, to help in a large number of areas. Tim Grace: PointPredictive is an artificialintelligence, machinelearning, and pattern recognition provider.
Burbank-based Shag Enterprises Inc, an artificialintelligence company that’s created a predictive platform for online ordering, announced on May 15 it raised $1.4 million in seed funding led by New York-based E&A Venture Capital.
San Diego-based Reveal Biosciences , a startup applying artificialintelligence (AI) and machinelearning to pathology, has received a round of funding from Intel Capital , the corporate venturing arm of microprocessor giant Intel. Size of the investment in Reveal Biosciences was not announced.
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
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.
San Diego-based Qualcomm announced on Wednesday that it has launched a brand new, venture capital investment fund, which will focus only an artificialintelligence. The first investment out of the fund is in AnyVision , a startup working on face, body, and object recognition.
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.
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.
Previous Boundless investors including Revolution’s Rise of the Rest Seed Fund and Esther Dyson will join Thrive Global’s cap table. “We were very impressed by their neuroscience-based artificialintelligence that they used to power changes in behavior,” says Huffington. Roughly 70% of healthcare spending in the U.S.
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".
San Diego-based Model Medicines, a company that is developing artificialintelligence 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.
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.
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
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- and Las Vegas-based Influential , which operates a service to help match brands with influencers, has raised $12M more in a Series B funding, the company disclosed today. The funding came from Capital Zed, ECA Ventures, Paradigm Talent Agency, ROAR, the Tech Coast Angels, plus WME. Influential is led by CEO Ryan Detert.
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.
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>>.
Los Angeles-based ringDNA , which develops artificialintelligence 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>>.
TRASH — using this machinelearning-based video editing toolkit, users can quickly create and edit high-quality, short-form video. and to raise bigger rounds of funding (like the voiceover video production toolkit, MuzeTV, and the animation studio Toonstar).
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.
We've summarized the funds that have announced new funds in the last nine months or so, or that are in the midst of raising funds--a total of more than $1086 million in total funds. List ordered by fund size). Fund size: $230M fund. Fund size: $100M fund. Fund size: $100M fund.
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 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.
Los Angeles-based Elementary, which is developing artificialintelligence, 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.
San Diego-based Deckard Technologies , a new startup founded by serial entrepreneur Neil Senturia, said on Monday that it has raised $4M in funding and launched a new company focused on using artificialintelligence (AI) to identify property tax scofflaws. The company said its latest funding was worth $500,000.
Los Angeles-based Pearl , the machinelearning startup which was spun out of advertising AI software startup GumGum , has raised $11M in a funding round, which came from Craft Ventures, as well as un-named strategic investors.
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 funding was led by MIG Capital, and also included Western Digital Capital Global, Ltd.
March Capital Partners , the Los Angeles-based venture capital firm, has raised $300 million for its latest fund. ” Those two themes are borne out in the support March Capital has provided for The Hive , an artificialintelligence-focused incubator, and The Fabric , an infrastructure and internet of things-focused incubator.
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).
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. The company's CEO is John Burke.
Los Angeles-based LegalMation , a startup which develops artificialintelligence 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.
It's turning out to be a great time for entrepreneurs looking for funding in the region, with not only high profile exits of such companies as Snap Inc., but a bunch of new, early stage investors looking to seed or fund the next big tech success story. www.watertowerventures.com) Fund size: $5M. Fund size: $40M.
Los Angeles-based Moonshots Capital , the venture capital investment firm led by Kelly Perdew and Craig Cummings, has raised its first official fund, a $19M seed stage venture fund. The firm--which has been making investments even before raising the official fund, announced today--has already made four investments out of the new fund.
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 developing machinelearning 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.
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.
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
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>>.
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