TC / artificial intelligence / BotChain / Co-founder / dan primack / Dell / east coast / economy / entrepreneurship / EqualLogic / executive / finance / laser / machine learning / money / Private Equity / socialflow / Talla / venture capital

Glasswing Ventures closes its artificial intelligence-focused fund with $112 million

Posted On: Jul 12, 2018   |   Posted By: TechCrunch

Glasswing Ventures closes its artificial intelligence-focused fund with $112 million

One year after receiving a whopping $75 million commitment to invest in early stage companies applying artificial intelligence to various industries, Glasswing Ventures has closed its debut fund with $112 million.
It's a significant milestone for a firm that purports to be the largest early stage investor focused on machine learning on the East Coast, and one of the largest early stage funds to be led by women.
Founded by Rudina Seseri alongside her longtime investing partner Rick Grinnell and bolstered by the addition of former portfolio executive Sarah Fay, Glasswing so far has invested in three startups: BotChain (a company spun up from Glasswing's early investment in the AI management company, Talla); Allure Security, a threat detection company; and Terbium Labs, whose service alerts companies when sensitive or stolen information of theirs appears on the Internet.
For Seseri and Glasswing, the close is actually just the beginning. As she said in a statement:
“Raising an AI-focused fund on the East Coast...

Continue reading ...

 








Early Black Friday deal: Apple's HomePod speaker is on sale at its lowest...

Early Black Friday deal: Apple's HomePod speaker is on sale at its lowest price ever

There's no question whatsoever that in terms of sound quality, the Apple HomePod Smart Speaker is the best device in its class at that size. It can't quite match larger... Read more ...

Exynos 9820 Vs 9810 - Did Samsung improve its new chip?

Exynos 9820 Vs 9810 - Did Samsung improve its new chip?

Earlier today, South Korean manufacturing giant, Samsung, announced its new SoC, Exynos 9820. Now, a close comparison between the Exynos 9820 and its predecessor Exynos 9810... Read more ...

Fortnite's New Mounted Turret Weapon Now Live

Fortnite's New Mounted Turret Weapon Now Live

Fortnite developer Epic has been introducing new weapons and items to the hit game with nearly every update, and it looks like that trend will continue with this week's patch... Read more ...

Fortnite introduces new Food Fight mode for a limited time

Fortnite introduces new Food Fight mode for a limited time

Epic Games has announced that Fortnite is getting a new mode, dubbed Food Fight, as part of its today's v6.30 patch. The new Limited Time Mode is a food-themed base defense... Read more ...

Samsung's Exynos 9820 could bring boosted machine learning smarts to the...

Samsung's Exynos 9820 could bring boosted machine learning smarts to the Galaxy S10

The SoC comes with a dedicated neural processing engine Read more ...

Uber follows Lyft in announcing a rewards program - here's how it works

Uber follows Lyft in announcing a rewards program - here's how it works

Uber has launched a four-tier rewards program that lets riders earn points for ride credit, free deliveries and more. Anyone can enroll in the program in select cities starting... Read more ...

Google Assistant adds smart home bells and whistles in time for the holidays

Google Assistant adds smart home bells and whistles in time for the holidays

Just in time for the holidays, Google Assistant is introducing a bunch of new smart home features, including the ability to reply to broadcast messages, create and use... Read more ...

Ford teaming up with Walmart and Postmates on robot deliveries

Ford teaming up with Walmart and Postmates on robot deliveries

Ford is joining forces with Walmart and Postmates to create a grocery delivery service using self-driving vehicles in Miami, the companies announced Wednesday. Ford has been... Read more ...

Ecobee3 Lite Review: A Good Smart Thermostat for Small Apartments

Ecobee3 Lite Review: A Good Smart Thermostat for Small Apartments

Get the Ecobee3 Lite if you have a small apartment and a lot of smart home gadgets. Read more ...

THQ Nordic acquires Coffee Stain and Bugbear Entertainment

THQ Nordic acquires Coffee Stain and Bugbear Entertainment

THQ Nordic has agreed to acquire Coffee Stain Studios and Bugbear Entertainment in two separate deals. ... Read more ...