Lucidya, the Saudi-based customer experience management platform, has announced its second round of funding of $6 million led by Rua Growth Fund with participation from M.A.L Ventures and AlRashed Group, and other international Venture Capitals. Existing Lucidya investors also participated in the round, including Venture Souq. Lucidya’s solution empowers organisations to understand and better serve […]
ExpandCart, the eCommerce platform in the Middle East and North Africa, has secured $2.7 million in a pre-series B bridge round of financing, led by Hong-Kong based Betatron Venture Group with participation from existing investors; Sawari Ventures from Egypt, and Agility Ventures from Kuwait. Founded in 2016, ExpandCart is one of the largest eCommerce platform […]
French startup Exotec has raised a $335 million Series D round in a new round of funding led by Goldman Sachs’ Growth Equity business. Following today’s investment, the company has reached a valuation of $2 billion. Exotec sells a complete end-to-end solution to turn a regular warehouse into a partially automated logistics platform. It’s a […]
Research firm MarketsandMarkets valued the worldwide market for conversational artificial intelligence at $6.8 billion in 2021 and expects it to reach $18.4 billion by 2026, growing at a compounded annual rate of 21.8 percent. Conversational AI, the report said, involves three basic technologies: machine learning and deep learning, natural language processing, and automated speech recognition. […]
Algonomy, an algorithmic decisioning platform, will showcase its expanded platform that features new and advanced uses of AI that enable real-time customer engagement. Working with some of the world’s largest brands such as eBay, McDonald’s, Price Chopper, Tiffany & Co., Pizza Hut, Domino’s, HP and Boots, Algonomy leads the industry when it comes to creating […]
Harper+Scott, the creative agency for the sourcing, design and production of sustainable branded merchandise and private retail goods, announced a new division, H+S META, to bring its white glove creative services to the metaverse. Since its inception in 2014, Harper+Scott has been at the forefront of innovation, partnering with some of the world’s greatest brands […]
GoDaddy, the firm that empowers everyday entrepreneurs, is tying up with MyFatoorah in the Middle East and North Africa (Mena) region, to offer new payment solutions to GoDaddy’s eCommerce solution. MyFatoorah, a local UAE payments provider, specialises in secure, swift payment solutions across the GCC region. The new addition to the GoDaddy E-store offering in […]
On the heels of a highly successful year processing hundreds of billions of dollars in payments for some of the world’s largest merchants, Checkout.com raised $1 billion in its Series D funding round at a valuation of $40 billion. Primary investors include Altimeter, Dragoneer, Franklin Templeton, GIC, Insight Partners, the Qatar Investment Authority, Tiger Global, […]
Acxiom, a customer intelligence company, is partnering with TransUnion via the TruAudience Data Marketplace, enabling companies to use Acxiom’s marketing audiences across the streaming media ecosystem. With Acxiom audiences in the TruAudience Data Marketplace, advertisers can fine-tune their digital audience strategy in new environments, like connected TV, audio, and gaming. Acxiom has addressable marketing data […]
Unbounce, a conversion intelligence platform provider, has acquired LeadsRx, a marketing analytics platform provider, for an undisclosed amount. LeadsRx helps marketers understand the value of each customer touchpoint across digital, radio, TV, podcasts, streaming services, and other advertising channels. This acquisition positions Unbounce to bring marketing attribution to its small and midsize business customers. “Attribution […]
