Aidoc, a Tel-Aviv, Israel-based medical imaging company, announced back in August that it had gained FDA clearance for a new solution that helps radiologists triage patients using artificial intelligence (AI). Now, to meet an increase in customer demand as a result of that announcement, the company has hired Tom Shearer to manage sales in North America and Jeremy De Sy to handle sales throughout Europe. "AI isn't the future for medical imaging; it's the present," Shearer said in a prepared statement. "Aidoc is led by extraordinary individuals who have developed a revolutionary product. This solution is always running in the background, on every exam, filling a critical need in medical imaging by helping radiologists manage their increasing workload while maintaining high standards."
Deal terms were not disclosed, but Reuters cites Israeli media reports that it was over $800 million. Although the company is headquartered in New York City, about half of its 400 employees are in Israel. While there is no shortage of firms offering analytics and marketing intelligence, Datorama has emphasized it can present the advertising and marketing data from a variety of tools -- the company says the average marketer has an average of 70 data streams -- inside one cloud-based dashboard, where AI helps generate automated reporting, insights for decision-making and ways to optimize campaigns.
Planck Re, a startup that wants to simplify insurance underwriting with artificial intelligence, announced today that it has raised a $12 million Series A. The funding was led by Arbor Ventures, with participation from Viola FinTech and Eight Roads. Co-founder and CEO Elad Tsur tells TechCrunch that the capital will be used to expand Planck Re's product line into more segments, including retail, contractors, IT and manufacturing, and grow its research and development team in Israel and North American sales team. The Tel Aviv and New York-based startup plans to focus first on its business in the United States, where it has already launched pilot programs with several insurance carriers. Tsur says that Planck Re's clients generally use it to help underwrite insurance for small to medium-sized businesses, including business owner policies, which cover property and liability risks, and workers' compensation. Founded in 2016 by Tsur, Amir Cohen and David Schapiro, Planck Re poses its technology as a more efficient and accurate alternative to the lengthy risk assessment questionnaire insurers ask clients to fill out.
The online education company Udacity is partnering with major companies in the field of autonomous vehicles to launch a nanodegree program for those interested in becoming a self-driving car engineer. "It is the first and only program of its kind where most people with an internet connection--from Detroit to Damascus and from Adelaide to Aleppo--can learn the skills they need to work in one of the most amazing fields of our time," Udacity founder and president Sebastian Thrun wrote in a blog post. The course, which spans three 12-week terms, covers deep learning, computer vision, sensor fusion, localization and controllers. Four major partners have committed to fast-tracking the nanodegree graduates into positions around the world: Mercedes-Benz, Nvidia, Otto (recently acquired by Uber) and Didi Chuxing. Thrun promised that more partners will be added to that list.
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