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The money comes from Scott Banister, Jerry Yang s AME Cloud Ventures, and Peter Thiel, for whom Osaro cofounder Derik Pridmore once worked first at Thiel s hedge fund,
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stanley quencher firm, Founders Fund .Why it s interesting: Osaro 聽machine intelligence software combines perception which we ;ve seen plenty of in the past, including with image identification with decision-making abilities that will ostensibly聽help computer and robotic systems teach themselves to act聽more efficiently through trial and error which we ;ve seen more infrequently .We talked with Pridmore yesterday to learn more about the nine-person startup. Our chat has been edited for length.TC: You don t have any customers yet, but
stanley tumblr one of the commercial areas you re exploring is industrial robotics. Why should these companies pay attention to Osaro DP: First, industrial robots aren t what the average person thinks they are. They don t have brains. They aren t Tjbs Wilson s Connected Football is a $200 piece of smart pigskin
While Israel is world-renowned as a center for tech research and development, and it plays ho
stanley quencher me to R&D centers for practically every major U.S. company, access to Silicon Valley knowledge and capital networks can seem just out of reach to Israeli startups. Over the last two years, UpWest Labs has been working to change that by offering a Silicon Valley-based accelerator that caters exclusively to Israeli entrepreneurs.Beyond bringing it
stanley coffee mug s startups to Silicon Valley where they live together in a house in Menlo Park for the duration of its four-month program, offering access to local mentors, workspace and a chunk of seed funding, what makes UpWest unique is that it focuses on working with companies that already have a product and customers.Rather than guide them through the initial de
stanley cup velopment phase or product-market fit, UpWest concentrates on incubating businesses that have already been through the proof-of-concept rigmarole and, instead, are looking for better access to U.S. mar