Veritone, Inc., a cloud-based cognitive software company, develops a proprietary artificial intelligence platform for various markets in the United States and internationally. Its cloud-based open platform integrates and orchestrates an ecosystem of cognitive engines to reveal multivariate insights from various amounts of audio, video, and structured data; and incorporates proprietary technology to manage and integrate a range of AI processes to mimic human cognitive functions comprising perception, reasoning, prediction, and problem solving to transform unstructured data into structured data. The company offers media agency services, including media planning and strategy, media buying and placement, campaign messaging, clearance verification and attribution, and custom analytics to manage, deliver, optimize, verify, and quantify advertising campaigns and content distribution for various clients across multiple channels comprising broadcast radio, satellite audio, streaming audio, broadcast and cable television, digital video, and podcasting. It also provides Software-as-a-Service solutions for media owners and broadcasters to automatically index and organize audio and video content to search, discover, and analyze their media for programming and optimization; political organizations to analyze public and private media, conduct research, and provide access to previously inaccessible data; legal professionals to find the critical details of their cases by storing, organizing, and analyzing evidentiary media; and police and other government authorities to organize and gain insight from the large amount of audio, video, and structured data they accumulate on a daily basis, as well as offers solutions for other markets, including commercial security and retail. The company was formerly known as Veritone Delaware, Inc. and changed its name to Veritone, Inc. in July 2014. Veritone, Inc. was founded in 2014 and is headquartered in Newport Beach, California. Company website - http://www.veritone.com O/S=14.96 M Float = 6.1 M Institutions = 8.69% Insiders = 24.37% Quantum-Veritone Artificial Intelligence Solution Wins IBC2017 NewBay Best of Show Award - https://finance.yahoo.com/news/quantum-veritone-artificial-intelligence-solution-201500043.html The Big Brains Behind Artificial Intelligence- http://www.barrons.com/articles/art...03114417?mod=yahoobarrons&ru=yahoo&yptr=yahoo Veritone Launches New Division, Veritone Government, to be Led by US Government Veteran - https://finance.yahoo.com/news/veritone-launches-division-veritone-government-130000247.html CBS RADIO Teams with Veritone to Enable Over 100 Stations with Extensive AI Capabilities - https://finance.yahoo.com/news/cbs-radio-teams-veritone-enable-123000775.html
Posted about this in the daily thread back in August after i checked to see what was going with it - was a disappointing IPO back in May that didn't do much of anything - PPS and Vol went south after 2 days. Was shocked to see the jump in August and even more shocked again this month so finally took a position today. Think/believe this company has huge upside potential and so wish i had picked up some shares back in August but better late than never
Back to add this separately b/c is something many may not know and ACTG is also doing pretty well lately. 8/23 - Veritone Closes $50 Million Funding Agreement with Acacia Research Corporation to DriveNext Generation AI Search and Analytics http://www.businesswire.com/news/ho...ne-Closes-50-Million-Funding-Agreement-Acacia
D-Day for my bubble play came today via a short attack >>AI Provider Veritone (VERI) Plummets After Citron Research Tweet - http://www.nasdaq.com/article/ai-pr...plummets-after-citron-research-tweet-cm852088
@Lonnie Ray - Hoping it goes back up once dust settles - maybe next week but still nice to play @ current levels too.
This is doing better than i expected today & may have something to do with PT raise to $62 -- https://www.marketbeat.com/stocks/N...m_source=GeneralSocialMedia&utm_medium=Social Veritone Surges 10%: They're the 'Real Deal,' Claims Roth - http://www.barrons.com/articles/ver...06693177?mod=yahoobarrons&ru=yahoo&yptr=yahoo
Veritone Expands Relationship with iHeartMedia and Now Provides Advanced AI Solutions to Over 200 of its Broadcast Stations Nationwide - https://finance.yahoo.com/news/veritone-expands-relationship-iheartmedia-now-130000594.html
No position right now but nice bounce off lows today & >>" key test for the stock will come on Nov. 8, when the initial offering lockup period expires..." https://www.bloomberg.com/news/arti...itone-says-stock-isn-t-a-short-it-s-too-cheap
Soon I will get my money back. Wonderful company. Wonderful product. Don't be afraid to tell your friends and co-workers about it.
Veritone Makes Artificial Intelligence Truly Accessible and Actionable with AWS Marketplace Listing - https://finance.yahoo.com/news/veritone-makes-artificial-intelligence-truly-140000249.html Veritone Sets Financial Conference Schedule for November 2017 "...3rd Annual ROTH Technology Corporate Access Day Wednesday, November 15 (one-on-one meetings only)Empire Steak House in New York City.... 8th Annual Craig-Hallum Alpha Select Conference Thursday, November 16 (one-on-one meetings only) Sheraton New York Times Square Hotel in New York City..."https://finance.yahoo.com/news/veritone-sets-financial-conference-schedule-130000156.html
Veritone, Inc. Announces Pricing of Public Offering of Common Stock "...announced the pricing of an underwritten public offering of 975,000 shares of its common stock at a public offering price of $23.00 per share..." https://finance.yahoo.com/news/veritone-inc-announces-pricing-public-141500410.html
Veritone Among the First to Be Recognized by AWS for Machine Learning Expertise - https://finance.yahoo.com/news/veritone-among-first-recognized-aws-200000833.html Veritone, Inc. Announces Full Exercise of Overallotment Option in Public Offering https://finance.yahoo.com/news/veritone-inc-announces-full-exercise-212000813.html
Veritone Acquires Advanced Data Science and Machine Learning Firm - https://finance.yahoo.com/news/veritone-acquires-advanced-data-science-210000473.html
Veritone Announces Multiple New Agreements with Leading Broadcasters to Efficiently Ingest, Track and Extend Content - https://finance.yahoo.com/news/veritone-announces-multiple-agreements-leading-140000547.html
Veritone Announces Breakthrough Real-Time Artificial Intelligence Capabilities - https://finance.yahoo.com/news/veritone-announces-breakthrough-real-time-130000189.html
Veritone Sets the Standard for Open and Extensible Artificial Intelligence Solutions - https://finance.yahoo.com/news/veritone-sets-standard-open-extensible-160000697.html
ER coming up early May - PT set @ $25. but still down big from $70 lol. Latest news >> BrainChip Studio to be Integrated as a Cognitive Engine within Veritone aiWARE - https://finance.yahoo.com/news/brainchip-studio-integrated-cognitive-engine-002524249.html
Veritone, Inc. Prices Public Offering of Common Stock - "... 1,700,000 shares of its common stock, at a public offering price of $18.00 per share. In addition, Veritone, Inc. has granted the underwriters for the offering a 30-day option to purchase up to an additional 255,000 shares of common stock offered in the public offering..." https://finance.yahoo.com/news/veritone-inc-prices-public-offering-124500442.html