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Algorithmia, Co-Founded By USC Grad Student, Gets $2.4M

socalTECH

A new startup, Algorithmia , which was co-founded by a USC PhD student, said today that it has raised $2.4M in a seed funding round, to go towards its online marketplace for computer software algorithms. software computer marketplace capital venture student grad algorithmia' Algorithmia is based in Seattle. READ MORE>>.

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Adaptive Medias Buys StartEngine's Ember

socalTECH

Irvine-based online advertising firm Adaptive Medias is announcing this morning that it has acquired Ember , one of the companies incubated out of the StartEngine startup accelerator in Los Angeles. Financial terms of the buy were not announced.

Media 191
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Q-CTRL Sets Up US Headquarters In LA

socalTECH

Q-CTRL , a quantum computing startup started in Sydney, Australia, says it has set up a new, U.S. headquarters in Los Angeles.

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TuSimple Aims At Self Driving Vehicle Market

socalTECH

San Diego- and Beijing-based TuSimple , a startup developing autonomous driving technology, says it has received a permit from the California Department of Motor Vehicles to test autonomous driving vehicles on the road. The startup says it hopes to run a test this month taking an autonomous vehicle 420 miles from San Diego to Tucson.

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SaaS Is Dead, Long Live Software

InfoChachkie

You’re not a SaaS investor, you’re a software investor. You’re not a SaaS entrepreneur, you’re a software entrepreneur. ASP To SaaS To Software. In the early 2000’s, my software startup was dubbed an Application Service Provider (ASP). Vertical Software To Mobile First. Vertical Artificial Intelligence.

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How Will Apple Innovate Beyond the iPhone 7? With Next-Gen Siri

Xconomy

Maybe, before phones can get smarter, software engineers have to get smarter. What made the original iPhone so groundbreaking was a remarkable convergence of hardware and software innovation. The combination opened up so many possibilities that app builders have now spent the better part of a decade exploring them.