Today, Gamalon, Inc., emerged from stealth mode to announce that it has developed a game-changing new approach to artificial intelligence/machine learning called Bayesian Program Synthesis (BPS). Gamalon’s BPS technology – for the first time – writes and rewrites its own Bayesian programs. This technology achieves higher accuracy and uses orders of magnitude less computation and training data relative to today’s state-of-the-art deep machine learning.
Today, we are pleased to announce that we’ve just raised $3.1 million in seed funding for TellusLabs. Our investor team has decades of combined experience bringing exciting new data and insights businesses to market. The team is led by Roger Ehrenberg of IA Ventures, and includes Hyperplane VC, Founder Collective, and Project 11 Ventures.
As reported by TechCrunch:
Artificial intelligence is swiftly becoming a commodity thanks to the rise of AI-as-a-Service offerings from Amazon and IBM. Today, Neurala is joining this list thanks to a $14 million Series A led by Pelion Ventures. The team is looking to put AI in the hands of toy makers, drone enthusiasts and IoT engineers alike.
Diffeo, a knowledge discovery company, today announced that it has acquired Meta Search, a Boston-based startup offering cutting-edge search technology. The Meta Search team and search platform will be integrated into Diffeo to create a powerful combination of search and discovery tools. Meta Search's product has been renamed Diffeo Cloud Search as a new part of Diffeo's platform.
Arcadia Healthcare Solutions (“Arcadia” or the “Company”) announced today that the Merck Global Health Innovation Fund (“Merck GHI”), GE Ventures, and existing investors Peloton Equity, Zaffre Investments, and Morgan Stanley Alternative Investment Partners have invested $30 million of growth capital in the Company.
Ditto Labs, Inc., a pioneer in deep learning announced today that Red Fort Capital led a new round of investment in the vision-as-a-service company.
Ditto’s vision-as-a-service API can find nearly anything appearing in a photo — a specific product, brand logo, location, demographic profile -- even subjective measures of sentiment — in near real time. Ditto’s service is a high value AI application for thousands of digital business’s. Ditto’s software currently fuels the world’s leading enterprise marketing platforms by labeling the torrent of social media photos.
TraceLink Inc., the World’s Largest Track and Trace Network for connecting the life sciences supply chain and eliminating counterfeit prescription drugs from the global marketplace, today announced that it has raised $51.5M in Series C financing led by Goldman Sachs Growth Equity (GS Growth), with participation from Series A and Series B investors, FirstMark Capital, Volition Capital, and F-Prime Capital. TraceLink is also announcing that Jason Kreuziger from Goldman Sachs and Amish Jani of FirstMark Capital have joined its Board of Directors.
As reported by BostInno, Indico has raised $1.2M in funding led by .406 Ventures. Additional investors in the round included Hperplane Ventures and Boston Seed Capital. Indico turns raw text and image data into human insight with its developer-friendly machine learning APIs... READ MORE
Anaqua, Inc., a leading provider of intellectual property management software and services, today announced the acquisition of both AcclaimIP, an industry-leading patent analytics software solution, and Free Patents Online, the leading free patent search tool.