Cisco acquires conversational AI startup MindMeld for $125 million

 Cisco acquires conversational AI startup MindMeld for $125 million

This morning Cisco announced that it is buying MindMeld for $125 million. Founded in 2011, MindMeld helps businesses to build conversational interfaces with cloud-based services.

MindMeld, originally called Expect Labs, was launched on the stage of TechCrunch Disrupt SF 2012. At that time the startup wanted to build an iPad app that could listen in on your conversations and provide relevant contextual information. Since then the company has expanded its offerings to include a suite of APIs for parsing, reasoning about and generating language.

Dallas Real Estate Startup Called Door Raises $2.3M

Dallas Real Estate Startup Called Door Raises $2.3M

A Dallas startup that aims to ease the burden of buying and selling a home has raised $2.3 million from investors including real estate developer Phillip Huffines.

Door, founded in 2015 by CEO Alex Doubet, charges homeowners a flat rate of $5,000, compared to the traditional 6 percent commission fee, for its brokerage services. Last year, home sellers saved an average of $15,000 under Door’s model.

Ubimax announces $6 million investment from Atlantic Bridge and Westcott LLC

Ubimax announces $6 million investment from Atlantic Bridge and Westcott LLC

Ubimax, the leading provider of Wearable Computing solutions for desk-less workers today announced a $6M investment from Atlantic Bridge and Westcott LLC. The funding will primarily be used to further grow the company’s existing U.S. business and to extend its market leading position from Europe to the American market.