By Evan Vitale
Here’s the latest news in the ever-changing world of venture capital.
HealthcareITNews is reporting that Apixio raises $19 million in venture capital to advance cognitive computing for healthcare.
Cognitive computing, along with its technological brethren artificial intelligence and machine learning are wading into the provider space now. IT consultancy IDC, in fact, predicted that by 2018 nearly one-third of healthcare systems will be running cognitive analytics to extract real-world evidence from patient data that can inform personalized treatment.
A raft of technology stalwarts and startups are rushing into the fray, including IBM Watson and rivals Dell and Hewlett-Packard, as well as Luminoso, Alchemy API, Digital Reasoning, Highspot, Lumiata, Sentient Technologies, Enterra, IPSoft and Next IT, according to a 2015 report from Deloitte.
You can read the entire article here: http://bit.ly/22qeus0
TechCrunch has published an interesting article on “The reality of augmented and virtual reality venture capital.”
AR/VR is the new hotness. VCs invested $1.7 billion in the 12 months leading to March 2016, $1.2 billion of that in the first quarter of this year alone. There are four AR/VR unicorns already (Magic Leap, Oculus, Blippar, MindMaze). Big numbers, very exciting. But as DFJ Partner Bubba Murarka says, “not all VCs have taken the red pill yet.”
The article is here: http://tcrn.ch/1TwXY8Y
The New York has published a piece on “Inside the Venture-Capital Arm of Sesame Street.”
In February, the Sesame Workshop launched Sesame Ventures, a fund that will work with established venture-capital firms to invest in what the company refers to as “mission-aligned” education-technology startups. (That mission is to make kids “smarter, stronger, and kinder.”) Its first such partnership is a joint fund, Collab+Sesame, created in conjunction with Collaborative Fund, an early-stage investor based in New York City. On Monday, Sesame Ventures announced a partnership with Reach Capital, a seed fund, based in Palo Alto, that focuses on educational technology.
The article can been seen here: http://bit.ly/1WP2AIK