IT and networking giant Cisco announced its intent to acquire machine learning and data analytics startup Perspica. Cisco anticipates the acquisition will close in the second quarter of its fiscal year 2018, following the customary closing conditions. Perspica, founded in 2014, aims to help companies
Veo Robotics completed $12 million in Series A financing led by Lux Capital and GV. Veo Robotics incorporates advanced computer vision, 3D sensing, and AI. The company’s first product allows high-performance industrial robots to work collaboratively with people, enabling much more flexible, productive, and efficient manufacturing
Faceter offers intelligent closed-circuit television software for smarter video surveillance, using machine learning technology. With real time human face recognition and tracking, a user-friendly console for all cameras, and security events accessible from everywhere, it can be conveniently accessed from multiple types of devices, including
Social media’s prevalence has lead to the build up of social “echo chambers” around different communities where outside opinions are no longer tolerated. Sometimes, just getting a new idea outside of the bubble is valuable in itself. AskDonna is a virtual assistant that anonymously provides
Software startup Feedzai announced it has raised $50 million in Series C financing. Five investors participated in the round, including Sapphire Ventures, Capital One Growth Ventures, Citi Ventures, and First Data Corporation. Feedzai’s unique risk management platform is powered by artificial intelligence (AI) to make banking
Blue Hexagon announced it has secured $6 million in Series A financing from Benchmark Capital. Founded by Nayeem Islam, Qualcomm’s former head of research and development, not much is currently known about the new AI company. It appears that Blue Hexagon uses machine learning technologies to
Zuperlist is an artificial intelligence-powered newsreader that prioritizes topics people care about by learning about their interests. The app combines concepts from RSS news readers and personalized news apps. Users choose what websites to subscribe to and receive news in their Zuperlist feed sorted by
Martech startup Ometria announced the completion of $6 million in Series A financing from Samos Investments, Octopus Investments, SaatchInvest, Force Over Mass Capital, Summit Action, Sonae IM, and Adjuvo. Ometria is a customer insight and cross-channel marketing platform that enables retailers to send highly personalized
NumberAI announced the completion of $1.6 million in seed financing from DFJ. NumberAI has created Numa, an AI-powered concierge for small to medium-sized business owners. Numa responds immediately to customers, enables SMS on business phone numbers, and handles Facebook and other messaging platforms. The AI assistant
ROSS Intelligence announced it has secured $8.7 million in Series A financing led by iNovia Capital, with participation from Comcast Ventures, Y Combinator, Real Ventures and Nextlaw Labs. ROSS is a digital attorney service built using IBM's Watson. Users simply ask questions in plain English, as