Redivus scores one of 11 spots in Germany-based global accelerator

Redivus scores one of 11 spots in Germany-based global accelerator

Dr. Jeff Dunn followed the advice he often shares with others, and it paid off big: “Don’t ever turn down an introduction because you never know where it will lead to.” One such introduction led to his Olathe startup, Redivus Health, being accepted into a 12-week global accelerator based in Munich, Germany. Redivus was one of only 11 startups chosen for the newest cohort, which includes companies from eight countries. Katrin Bridges , an executive with the Greater Topeka Partnership, introduced Dunn to California-based Plug and Play, a venture capital investor that also operates multiple accelerator programs. One of […]

Redivus scores one of 11 spots in Germany-based global accelerator

Stealthy Startup Tomo Raises $40M to Hire ‘Hundreds’ in Austin

Image: Shutterstock After raising a whopping $40 million to streamline the homebuying process, Tomo Networks emerged from stealth on Wednesday to announce a major hiring push in Texas. The fintech startup will concentrate its hiring in Austin, with plans to grow from about 20-people today to “hundreds” across the company’s three locations over the next year, CEO Greg Schwartz said. Tomo’s team will be spread across Seattle, Austin and its headquarters in Stamford, Connecticut. In Austin, Schwartz said Tomo plans to concentrate its mortgage operations business, and hire software engineers, product development professionals, fintech experts and more. He said […]

Stealthy Startup Tomo Raises $40M to Hire ‘Hundreds’ in Austin

Home-building startup Atmos raises $4M to build new platform

Home-building startup Atmos raises $4M to build new platform

Atmos cofounders and team members Home-building startup Atmos closed on a $4 million round of funding last week that cofounder Nick Donahue said will help amplify their platform. Donahue, alongside Trent Hedge, Austin Khan and Matt Rastovac, launched the platform in late 2019 to give potential homebuilders the ability to create the home of their dreams. Atmos’ online platform makes a selection of vetted local Realtors, architects and contractors available in one place, allowing users to customize their home-building experience from conception to move-in. Through the website, clients start by working with a Realtor to find a plot of […]

Home-building startup Atmos raises $4M to build new platform

O’Melveny Hires NYC Tech Industry Veteran for Startup Practice

O’Melveny Hires NYC Tech Industry Veteran for Startup Practice

New York City skyline. Viqar Shariff last worked at Loop AI Labs Shariff will join O’Melveny’s Momentum team O’Melveny & Myers has hired Viqar Shariff, former chief strategy officer for the cognitive computing company Loop AI Labs and a veteran deal lawyer, for its emerging companies practice in New York. Shariff will also join the firm’s Momentum industry group, which represents entrepreneurs and technology companies from the start-up phase through going public. Momentum has advised Sequoia Capital in its funding of the food delivery startup DoorDash and represented Google in a patent infringement case. In 2019, the group helped […]

O’Melveny Hires NYC Tech Industry Veteran for Startup Practice

Intel to acquire AI hyperparameter optimization startup SigOpt

Intel to acquire AI hyperparameter optimization startup SigOpt

Intel Corp. today said that it’s buying Andreessen Horowitz-backed artificial intelligence startup SigOpt Inc. for an undisclosed sum. SigOpt, based in San Francisco, develops a software platform that is used by private firms and research groups such as OpenAI to boost the performance of their AI models. Its platform improves model performance through a method known as hyperparameter optimization. Hyperparameters are settings defined by developers that influence how an AI processes data. These settings can include, among others, the number of artificial neurons in a model and the way those neurons interact with each other. Hyperparameter optimization, SigOpt’s specialty, […]

Intel to acquire AI hyperparameter optimization startup SigOpt