Docyt raises $1.5M for its ML-based accounting automation platform

Accounting isn’t a topic that most people can get excited about — probably not even most accountants. But if you’re running any kind of business, there’s just no way around it. Santa Clara-based Docyt wants to make the life of small and medium business owners (and their accounting firms) a bit easier by using machine learning to handle a lot of the routine tasks around collecting financial data, digitizing receipts, categorization and — maybe most importantly — reconciliation. The company today ...
Tags: Startups, Finance, Tech, Artificial Intelligence, Machine Learning, Santa Clara, Accounting, Ame Cloud Ventures, Netsuite, QuickBooks, Morado Ventures, Accounting Software, Xplorer Capital, Recent Funding, Docyt, First Rays Venture Partners

Eat this, exercise now; new personalized software predicts and helps prevents blood sugar spikes

Not everyone has Type 2 diabetes, the disease that causes chronically high blood sugar levels, but many do. Around 9% of Americans are afflicted, and another 30% are at risk of developing it. Enter software by January AI, a four-year-old, subscription-based startup that in November began providing personalized nutritional and activity-related suggestions to its customers based on a combination of food-related data the company has quietly amassed over three years, and each person’s unique profile...
Tags: Health, TC, Stanford, Tech, SaaS, Venture Capital, Marissa Mayer, Jerry Yang, Felicis Ventures, Marc Benioff, Ame Cloud Ventures, Mike, Hashemi, Michael Snyder, SignalFire, Steve Chen

Eat this, exercise now; new personalized software predicts and helps prevent blood sugar spikes

Not everyone has Type 2 diabetes, the disease that causes chronically high blood sugar levels, but many do. Around 9% of Americans are afflicted, and another 30% are at risk of developing it. Enter software by January AI, a four-year-old, subscription-based startup that in November began providing personalized nutritional and activity-related suggestions to its customers based on a combination of food-related data the company has quietly amassed over three years, and each person’s unique profile...
Tags: Health, TC, Stanford, Tech, SaaS, Venture Capital, Marissa Mayer, Jerry Yang, Felicis Ventures, Marc Benioff, Ame Cloud Ventures, Mike, Snyder, Hashemi, Michael Snyder, SignalFire

EdgeQ raises $51 million to fuse AI compute and 5G within a single chip

5G. Edge. Open. Programmable. AI. No, it’s not bingo at your local silicon chip enthusiast meetup, and no, I am not trying to game Google’s search algorithms (well, maybe just a bit). Rather, it’s a combination of technologies that are predicted to become critical for the future of the internet of things across industries as diverse as shipping and security. One way to get all these technologies into single devices is just to agglomerate a bunch of off-the-shelf silicon chips and jam them into a...
Tags: Apple, Google, Fundings & Exits, Startups, Hardware, Funding, Tech, San Diego, Santa Clara, Qualcomm, Broadcom, Dfj, Ame Cloud Ventures, Vinay, Qualcomm Intel, Fusion Fund

Headroom, which uses AI to supercharge videoconferencing, raises $5M

Videoconferencing has become a cornerstone of how many of us work these days — so much so that one leading service, Zoom, has graduated into verb status because of how much it’s getting used. But does that mean videoconferencing works as well as it should? Today, a new startup called Headroom is coming out of stealth, tapping into a battery of AI tools — computer vision, natural language processing and more — on the belief that the answer to that question is a clear — no bad WiFi interruption he...
Tags: Google, Yahoo, Tech, Green, Mountain View, Magic Leap, Computer Vision, Jerry Yang, Ame Cloud Ventures, Julian Green, Kaggle, Morado Ventures, Ash Patel, Cloud Vision API, Anthony Goldbloom, Anna Patterson

Atomwise’s machine learning-based drug discovery service raises $123 million

With a slew of partnerships with large pharmaceutical companies under its belt and the successful spin out of at least one new company, Atomwise has already proved the value of its machine learning platform for discovering and commercializing potential small molecule therapies for a host of conditions. Now the company has raised $123 million in new funding to accelerate its business. “Scaling the technology and scaling the team and scaling what we’ve been doing with it,” says chief executive off...
Tags: Health, TC, Y Combinator, Articles, Insurance, Chief executive officer, Tech, Healthcare, Tencent, Disease, Machine Learning, Atomwise, Biotechnology, Series B, Ame Cloud Ventures, Life Sciences

Capital raises $9M for its AI-based ‘capital as a service’ funding platform for startups

In 2019, in the US alone, more than 10,000 startups raised more than $133 billion in venture funding, with a large proportion of that equity investments. Today, a company building a platform to help startups consider alternative routes to financing — specifically less dilutive options that give up less or no equity in the process — is announcing a round of funding of its own to ramp up its activity. Capital, which has built an AI-based platform called the “Capital Machine” that ingests detail...
Tags: Startups, TC, Yahoo, Finance, US, Tech, Capital, Jerry Yang, Dfj, First Round Capital, Ame Cloud Ventures, Steve Jurvetson, Rentech, Jurvetson, Silverberg, Lighter Capital

Lucid Lane has developed a service to get patients off of pain meds and avoid dependence

Four years ago, Adnan Asar, the founder of the new dependence prevention service Lucid Lane, was enjoying a successful career working as the founding chief technology officer at Livongo Health. It was the serial senior tech executive’s most recent job after a long stint at Shutterfly and he was shepherding the company through the development of its suite of hardware and software for the management of chronic conditions. But when Asar’s wife was diagnosed with non-Hodgkin’s Lymphoma, he steppe...
Tags: Health, Startups, TC, Drugs, Virginia, Cancer, Tech, Department Of Defense, Depression, United States, Surgery, Va, Illness, Cancer Treatment, Pain, Jerry Yang

Lucid Lane has developed a service to get patients off of pain meds and avoid addiction

Four years ago, Adnan Asar, the founder of the new addiction prevention service Lucid Lane, was enjoying a successful career working as the founding chief technology officer at Livongo Health. It was the serial senior tech executive’s most recent job after a long stint at Shutterfly and he was shepherding the company through the development of its suite of hardware and software for the management of chronic conditions. But when Asar’s wife was diagnosed with non-Hodgkin’s Lymphoma, he stepped...
Tags: Health, Startups, TC, Drugs, Virginia, Cancer, Tech, Department Of Defense, Depression, United States, Surgery, Va, Illness, Cancer Treatment, Pain, Jerry Yang

With $35M, Whole Biome Eyes 2020 Launch of Medical Food for Diabetes

Diabetes treatments available today include shots and pills intended to restore the hormone balance that leads to healthy blood sugar levels. Whole Biome aims to accomplish the same thing—but with a capsule that targets the gut microbiome.Whole Biome is preparing to launch its product early next year. To support those plans, the San Francisco-based startup has closed $35 million in Series B funding, led by Sequoia Capital.Whole Biome’s work builds on the growing body of research revealing the r...
Tags: Startups, San Francisco, Trends, Investing, It, Software, Inflammatory Bowel Disease, Ulcerative Colitis, Fda, Biotech, Sequoia Capital, True Ventures, Microbiome, Metformin, Khosla Ventures, Ame Cloud Ventures

Under the hood on Zoom’s IPO, with founder and CEO Eric Yuan

Extra Crunch offers members the opportunity to tune into conference calls led and moderated by the TechCrunch writers you read every day. This week, TechCrunch’s Kate Clark sat down with Eric Yuan, the founder and CEO of video communications startup Zoom, to go behind the curtain on the company’s recent IPO process and its path to the public markets. Since hitting the trading desks just a few weeks ago, Zoom stock is up over 30%. But the Zoom’s path to becoming a Silicon Valley and Wall St...
Tags: Fundings & Exits, Startups, TC, Uber, Apps, Video, Enterprise, Finance, Ipo, Funding, Tech, Artificial Intelligence, Venture Capital, Virtual Reality, Silicon Valley, Augmented Reality

Unshackled Ventures has $20M to invest exclusively in immigrant founders

Unshackled Ventures isn’t like other venture capital funds. The firm invests in immigrant founders and helps them secure visas so they can ditch their corporate job and launch the startup of their dreams. Today, Unshackled is announcing its sophomore fund of $20 million, topping its debut effort by $15.5 million. “The point is to take the burden off of founders because they are not immigration experts, they are experts at building satellites or extracting protein from plants,” Unshackled foundin...
Tags: Tech, Cisco, Silicon Valley, Andreessen Horowitz, Steve Case, Jyoti Bansal, Ame Cloud Ventures, Lily, Vance, Mehta, Nitin Pachisia, Manan Mehta, Bansal, Emerson Collective, National Foundation for American Policy, Prateek Joshi

Bill Gates-backed Vicarious Surgical adds a virtual reality twist to robots in the operating room

In an operating room in rural Idaho, doctors prep a patient for surgery. They make a tiny, thumb-sized incision into the patient and insert a small robot while across the country a surgeon puts on a virtual reality headset, grabs their controllers, and prepares to operate. While this scene may seem like science fiction now, a Charlestown, Mass.-based startup called Vicarious Surgical, is developing the technology to make that vision a reality. The company’s co-founders, Adam Sachs and Sammy Khal...
Tags: TC, Yahoo, Massachusetts, Tech, Mit, United States, Idaho, Bill Gates, Healthcare, Computing, Surgery, Food And Drug Administration, Virtual Reality, Salesforce, Johnson, Robot

Boston Tech Watch: Scooters, Toast, Mimecast, AtScale, Acquia & More

An HQ moves eastward. B2B branches into B2C. Acquisitions abound. And VC funds keep rolling in. Read on for more details on technology news in Boston this week.—Boston Mayor Martin J. Walsh has filed an ordinance to license and regulate micro-mobility businesses like scooter-sharing startups Bird and Lime. The proposal, which still needs approval from the City Council, would let the transportation commissioner limit the number and type of “small vehicles” available in the city as well as the nu...
Tags: Deals, London, Video Games, Boston, Tel Aviv, San Francisco, Trends, Startup, Tech, Atlanta, Data, E-mail, Malware, Cybersecurity, Vc, Electric Scooter

Companies tracking mutations in cancer cells can provide a key to unlocking better therapies

Investors and entrepreneurs are beginning to bring new diagnostic tools to market that promise better results for cancer patients through the identification of mutations in cancer cells that can create more targeted therapies. Earlier this month, research using technology developed by the startup Mission Bio helped identify cellular mutations in acute myeloid leukemia cancer cells that could be indicators of potential relapse or recurrence of the cancer after therapy. In the study, which was pre...
Tags: TC, Y Combinator, Texas, Biology, Medicine, Breast Cancer, California, Cancer, Tech, Ceo, Genetics, Pennsylvania, Disease, Machine Learning, University of Pennsylvania, Cancer Treatment

Former eBay product chief RJ Pittman takes the reins at 3D capture company Matterport

Matterport, a provider of 3D image capture technology, has named former eBay chief product officer RJ Pittman as its new chief executive. Pittman will take the reins from former chief executive Bill Brown, who will continue to advise Matterport as the company looks to capitalize on its library of three dimensional scans. The company currently has a library of 1.4 million three dimensional models that have been viewed at least 600 million times since the company launched. According to Silicon ...
Tags: Apple, Google, TC, UK, Microsoft, Ebay, Tech, Kinect, United States, United Kingdom, Search Engine, Virtual Reality, News Corp, Matterport, Qualcomm Ventures, Felicis Ventures

Docker has raised $92 million in new funding

Docker, the company that did more to create today’s modern containerized computing environment than any other independent company, has raised $92 million of a targeted $192 million funding round, according to a filing with the Securities and Exchange Commission. The new funding is a signal that while Docker may have lost its race with Google’s Kubernetes over whose toolkit would be the most widely adopted, the San Francisco-based company has become the champion for businesses that want to mov...
Tags: Google, TC, Wtf, Technology, San Francisco, Tech, Ceo, Information Technology, Software, Computing, Docker, Goldman Sachs, The Wall Street Journal, Operating System, Steve, Greylock Partners

Lacework snags $24 mln Series B in Sutter Hill-led round

Mountain View, California-based Lacework, a provider of cloud security solutions, has raised $24 million in Series B funding. Sutter Hill Ventures led the round with participation from other investors that included Liberty Global Ventures, Spike Ventures, the Web Investment Network and AME Cloud Ventures. PRESS RELEASE Mountain View, Calif. – August 28, 2018 – Lacework®, the industry’s first solution to bring automation, speed and scale to cloud security, today announced the closing of a $24 mil...
Tags: Trends, Gartner, Win, Liberty Global, Sutter Hill Ventures, Ame Cloud Ventures, Stefan, Mountain View California, Gartner Inc, Mountain View Calif, VC Deals, Sutter Hill, Lacework, Sutter Hill Ventures Lacework, Liberty Global Ventures Spike Ventures, Ankur Prakash

Arm Snaps Up Treasure Data To Complete IoT Device-To-Data Platform

Leading chipmaker and designer Arm announced today it is acquiring Silicon Valley data management company Treasure Data to complete a comprehensive platform to help customers efficiently extract and analyze data from Internet of Things devices.Cambridge, UK-based Arm, which was acquired by SoftBank for $32 million in 2016, unveiled its new offering called the Arm Pelion IoT Platform, whose foundation is the IoT device management and connectivity control functions Arm already provides to custome...
Tags: Deals, Startups, Mobile, Hardware, Internet, Entrepreneurship, Softbank, Funding, San Francisco, Trends, Web, It, Vc, Software, Innovation, Venture Capital

Catalog Hauls In $9M to Make DNA-Based Data Storage Commercially Viable

The practice of encoding data in DNA molecules could be inching closer to graduating from research labs to finding practical commercial use. In the coming years, the explosion of data being generated by computing devices could outstrip the supply of hard drives needed to store it, some industry experts say. Some academic researchers and business leaders think that the solution could be to house information in lab-made DNA molecules instead of silicon. DNA’s advantages include a much longe...
Tags: Startups, Boston, Dna, Trends, Tech, Mit, Vc, Harvard, Line, Synthetic Biology, Data Collective, OS Fund, Nea, Data Storage, Indiebio, Ucla

Khosla, Innovation Endeavors lead $16.7 mln funding in Vicarious Surgical

Khosla Ventures and Innovation Endeavors led a $16.75 million Series A funding in Vicarious Surgical, which uses virtual reality and robotics to to perform minimally invasive surgeries. Other investors included Gates Ventures, AME Cloud Ventures and Marc Benioff.  Press release Vicarious Surgical today announced that it has closed a $16.75 million Series A funding round.  The round was led by Vinod Khosla’s Khosla Ventures and Eric Schmidt’s Innovation Endeavors, and includes Bill Gates’ Gates ...
Tags: Trends, Jerry Yang, Eric Schmidt, Khosla Ventures, Vinod Khosla, Marc Benioff, Ame Cloud Ventures, Samir Kaul, VC Deals, Dror Berman, Khosla Innovation Endeavors, Khosla Ventures and Innovation Endeavors, Gates Ventures AME Cloud Ventures, Adam Sachs, Vicarious Surgical

How Next-Gen Chipmakers Are Raising Money, Taking On Tech Giants

The advent of big fundraising rounds for startup chip innovators—a class shunned by most venture capital firms only a few years ago—seems to mark a turnaround in recent VC attitudes about semiconductor investments. But it turns out VCs weren’t the only driving force behind the change in fundraising prospects for the young companies now inventing chips suited for artificial intelligence tasks, and daring to compete with giant chipmakers such as Intel (NASDAQ: INTC) and Nvidia (NASDAQ: NVDA...
Tags: Apple, Google, Deals, Startups, Transportation, Hardware, Microsoft, Internet, Entrepreneurship, Softbank, Funding, San Francisco, Trends, Web, It, Intel

AI Chip Startup Mythic Reaps $40M from SoftBank, Lockheed Venture Arms

Mythic, which last year unveiled its novel computer chip designed for artificial intelligence, announced today that it has raised $40 million in a Series B fundraising round led by the venture capital arm of Japanese telecom and tech giant SoftBank. Mythic, based in both Redwood City, CA, and Austin, TX, is one of the upstart companies benefiting from a surge of investing in the chip-making field, where the growing computational demands due to the use of AI are creating an opening for you...
Tags: Deals, Startups, Mobile, Uber, Wearables, Hardware, Internet, Entrepreneurship, Cloud Computing, Softbank, Funding, San Francisco, Trends, Web, It, Smartphones

Vectra Scores $36M for AI-Enhanced Cyberattack Detection

Vectra, one of the cybersecurity companies vying to beef up threat detection using artificial intelligence, announced Wednesday it raised $36 million in a Series D funding round led by new investor Atlantic Bridge. San Jose, CA-based Vectra scans the patterns of data flowing through a client’s network in a continuous, automated hunt for suspicious activity, the company says. The aim is to identify cyberattacks as quickly as possible, enabling an immediate response that minimizes the loss ...
Tags: Google, Deals, Startups, Internet, Entrepreneurship, Funding, San Francisco, Trends, Web, It, Cybersecurity, Vc, Software, Innovation, Venture Capital, Financing

Andreessen Horowitz Backs Asimov’s Synthetic Biology CAD Software

Synthetic biology continues to capture the attention of technology investors. Last week, it was Boston-based Ginkgo Bioworks announcing a $275 million Series D funding round backed by the likes of Y Combinator and Bill Gates’s private investment vehicle, Cascade Investment. This week, it’s Asimov, another Boston-area synthetic bio startup, raising money. The amount—$4.7 million in seed funding—is much smaller than Ginkgo’s latest round, of course. But the investors are also noteworthy: An...
Tags: Startups, Y Combinator, Design, Boston, Dna, Trends, Tech, Mit, Vc, Software, Bill Gates, Genome, Machine Learning, Andreessen Horowitz, Genes, Cells

ShoCard takes in $4 mln

ShoCard, a blockchain-based identity management system, has raised $4 million in funding. Morado and AME Cloud Ventures led the round with participation from Storm Ventures, Danhua Capital, Correlation Ventures, Recruit Strategic Partners and Robert Tinker, founder and former CEO of MobileIron. Source: Press Release
Tags: Trends, Ame Cloud Ventures, VC Deals, Morado, Robert Tinker

Citrine Informatics lands $7.6 mln Series A

Redwood City, California-based Citrine Informatics, a chemicals and materials artificial intelligence platform, has raised $7.6 million in Series A funding. Innovation Endeavors, Data Collective and Prelude Ventures led the round with participation from AME Cloud Ventures and XSeed Capital. In addition to the funding, Scott Brady from Innovation Endeavors and Mark Cupta from Prelude Ventures have been appointed to Citrine’s board. Source: Press Release
Tags: Trends, Ame Cloud Ventures, Scott Brady, Redwood City California, VC Deals, Prelude Ventures, Citrine, Mark Cupta, Citrine Informatics

DFJ leads Series A round for Mythic

Austin and San Francisco-based Mythic, a provider of a local AI platform that turns devices into intelligent assistants, has raised $9 million in Series A funding. DFJ led the round with participation from Lux Capital, Data Collective and AME Cloud Ventures. In addition to the funding, Steve Jurvetson of DFJ and Shahin Farshchi of Lux Capital have been named to Mythic’s board of directors. PRESS RELEASE San Francisco, Ca., March 22, 2017 – Mythic (formerly Isocline), a provider of a local AI har...
Tags: San Francisco, Trends, Austin, Michigan, Gpu, Dfj, Ame Cloud Ventures, University Of Michigan, Michael Henry, San Francisco CA, Austin TX, Mike Henry, Steve Jurvetson, Lux Capital, VC Deals, Shahin Farshchi

Mythic launches a chip to enable computer vision and voice control on any device

 Hardware that responds to voice commands is already out there and probably in your hand or house right now. Whether it’s a smartphone, smart speaker or wearable, it has to connect to the cloud to deliver answers to your questions. Now, a startup called Mythic (formerly known as Isocline) is launching a chip and software that will change all that, putting voice control, computer vision… Read More
Tags: Startups, TC, Hardware, Enterprise, Artificial Intelligence, Venture Capital, Ai, Voice Control, Computer Vision, Data Collective, Dfj, Ame Cloud Ventures, Semiconductors, Mike Henry, Steve Jurvetson, Lux Capital

Mythic Reveals Novel Chip To Empower Devices With AI, Raises $9M

With ever-smaller smartphones now flaunting the computing powers of yesteryear’s hefty business machines, it might look like Moore’s Law has yet to be repealed. In 1965, Intel co-founder Gordon Moore saw computer chips doubling in processing power every year, and predicted the exponential rise of smaller, cheaper, and faster devices. But Michael Henry, co-founder of the artificial intelligence startup Mythic, says we haven’t been sustaining Moore’s constant upward curve recently by steadi...
Tags: Deals, Startups, Mobile, Wearables, Internet Of Things, Entrepreneurship, Funding, San Francisco, Trends, It, Intel, Vc, Software, Cameras, Drones, Innovation