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Rokt Appoints Bill Barton as Chief Operating Officer Overseeing People, Security and Legal

Rokt (PRNewsfoto/ROKT Pte. Ltd.)

Rokt, the leading ecommerce technology company using machine learning and AI to make transactions more relevant to each shopper, announced the appointment of Bill Barton as Chief Operating Officer. Barton’s appointment follows his tenure as Rokt’s Chief Product and Engineering Officer, as well as a strategic advisor to the company. His new role reflects both his technical roots and a growing belief that AI has made organizational development itself a deeply technical discipline.

As COO, Barton will lead three functions: People, Security and Legal. The People function will for the first time bring together talent acquisition, people operations, employment legal, and people business partners under unified leadership. Security and Legal round out a portfolio designed around how Rokt attracts and develops talent, protects what it builds, and manages risk at pace.

Barton will also continue leading Rokt’s Swarm initiative, a cross-functional group of builders working across the company’s highest-priority product development programs as part of Rokt’s push toward a flatter, more nimble engineering organization.

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“Over the past decade I’ve become increasingly focused on how you actually scale a team’s potential through culture, organization design, and removing the barriers that slow people down,” Barton said. “AI is making that work fundamentally more technical. The question of how you build an organization that fully unlocks what AI makes possible requires the same rigor you’d bring to any hard engineering challenge.”

Barton brings more than four decades of product and engineering leadership to the COO role. He spent ten years at Amazon as one of the original architects of Alexa, leading teams responsible for the platform’s spoken language understanding and knowledge capabilities, before joining Rokt as Chief Product and Engineering Officer. Prior to Amazon, he held senior roles at NAVTEQ, Nokia, Revolabs, and Microsoft. He holds a BA in Physics from Harvard University.

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“Bill has spent his career solving hard problems at the intersection of technology and human systems, from building Alexa to leading R&D here at Rokt,” said Bruce Buchanan, CEO, Rokt. “The COO role sits at the intersection of our people, our risk posture, and our ability to operate at speed. His combination of technical depth and genuine passion for organizational development makes him exactly the right person for it. The way he thinks about AI’s impact on how teams work and what they’re capable of is precisely the lens we need on these functions right now.”

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FortuneX Acquisition Corporation Announces Exercise of Over-Allotment Option

FortuneX Acquisition Corporation announced that the underwriters of its recently announced initial public offering exercised their over-allotment option to purchase an additional 1,125,000 units at the public offering price of $10.00 per unit, bringing the total units sold to 8,625,000. The closing of the over-allotment option is expected to occur on May 28, 2026, subject to the satisfaction of customary closing conditions.

Each unit consists of one ordinary share and one-half of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one ordinary share at a price of $11.50 per share, subject to adjustments. The units are listed on the Nasdaq Global Market and began trading under the ticker symbol “FXACU” on May 22, 2026. Once the securities comprising the units begin separate trading, the ordinary share and rights are expected to be listed on Nasdaq under the symbols “FXAC” and “FXACR,” respectively

Polaris Advisory Partners, a division of Kingswood Capital Partners LLC, served as the sole book-running manager for the offering.

Celine and Partners, P.L.L.C. served as legal counsel to the Company. O’Melveny & Myers LLP served as legal counsel to Polaris Advisory Partners LLC. FortuneX Investment Partners Limited is the Sponsor of the Company.

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A registration statement on Form S-1 relating to the securities (File No. 333-295053) was previously filed with the Securities and Exchange Commission (“SEC”) and was declared effective on May 19, 2026 pursuant to Section 8(a) of the Securities Act of 1933, as amended. This offering is being made only by means of a prospectus forming part of the effective registration statement. Copies of the final prospectus, when available, may be obtained on the SEC’s website at http://www.sec.gov. Copies of the prospectus may be obtained, when available, by contacting Kingswood Capital Partners, LLC, 126 East 56th Street, Suite 22S, New York, NY 10022, or by calling 212-487-1080 or emailing Syndicate@kingswoodUS.com.

This press release does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein, nor shall there be any offer, solicitation or sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful. The offering may be made only by means of the prospectus relating to the offering.

The Company is a blank check company incorporated in the Cayman Islands as an exempted company with limited liability for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities. While the Company intends to conduct a global search for potential targets without geographic limitations, its management team has experience investing in and building businesses across the Asia-Pacific region and possesses a strong understanding of the region’s business environment, regulatory landscape and culture. The Company will not pursue an initial business combination with any entity based in, or having the majority of its operations in, Greater China. The Company is led by Mr. Daniel M. McCabe, the Company’s Chairman, Chief Executive Officer and Chief Financial Officer.

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Yuki and Integrate.io Partner to Deliver Fully Predictable, End-to-End Data Cost Optimization

The partnership combines Integrate.io’s fixed-fee, unlimited data pipelines with Yuki’s automated warehouse cost optimization, giving data teams complete cost predictability from ingestion to analytics.

Yuki, the Contextual Execution Layer for modern data platforms, and Integrate.io, a leading no-code data pipeline platform, announced a strategic technology partnership. The collaboration integrates Yuki’s automated compute optimization directly into the Integrate.io ecosystem, delivering the first truly end-to-end cost-predictable data stack: fixed-fee pipelines on the ingestion side, and automated warehouse cost control on the compute side.

Two Sides of the Same Cost Problem

For years, data teams have faced unpredictable costs from two directions at once. On the pipeline side, consumption-based pricing from traditional ETL vendors means bills spike as data volumes grow. On the warehouse side, cloud compute costs fluctuate based on query volume, workload patterns, and resource sizing, with no automatic mechanism to govern spend.

Integrate.io solved the pipeline side with its flat-fee, unlimited-usage model: one predictable monthly price, regardless of data volumes, pipelines, or connectors. Yuki solves the warehouse side by acting as an intelligent compute control layer that automatically right-sizes warehouses and routes queries to the most cost-efficient resource, in real time, with no code changes required.

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Together, they close the loop entirely.

What the Partnership Delivers

Joint customers of Integrate.io and Yuki now have access to a fully optimized data stack with no surprises at either end:

  • Complete cost predictability: Fixed-fee pipeline pricing from Integrate.io, combined with Yuki’s automated warehouse optimization, eliminates unpredictable spend at every layer of the data stack.
  • Automated warehouse optimization: Yuki continuously monitors Snowflake workloads driven by Integrate.io pipelines and dynamically adjusts compute to match actual demand, cutting wasted spend without any manual intervention.
  • Zero engineering overhead: Both platforms are built for low-code and no-code operation. Integrate.io moves data without custom pipeline code; Yuki optimizes compute without changes to queries, workflows, or infrastructure.
  • Faster time to insight: Optimized compute means Integrate.io-powered pipelines land data in the warehouse faster, with Yuki ensuring downstream queries run at peak efficiency.

What the Companies Are Saying

“Integrate.io has built something genuinely rare in this market: a data pipeline platform with fully predictable pricing that scales without surprises. That philosophy maps perfectly to what Yuki does on the warehouse side. Most data teams are still managing two different cost problems with two completely separate toolsets, and no visibility into how they interact. This partnership changes that. For the first time, customers can have complete, automated cost control from the moment data leaves the source to the moment it powers a query, with no engineering effort on either side.”
– Ido Arieli Noga, CEO & Co-Founder, Yuki

“Predictability is at the core of everything we do at Integrate.io. Our customers choose us because they want a pipeline platform that grows with them without turning into a surprise on their cloud bill. Partnering with Yuki extends that predictability all the way to the warehouse. Together, we’re giving data teams the confidence to scale their stack without worrying about where the next cost spike is coming from. This is exactly the kind of partnership that delivers real, measurable value for our customers.”
– Donal Tobin, CEO, Integrate.io

A Joint Go-to-Market Around Cost Predictability

As part of the partnership, Yuki and Integrate.io will collaborate on joint go-to-market initiatives targeting data teams that are actively looking to reduce and control cloud costs. This includes co-marketing through blog and email campaigns, joint customer enablement, and a shared narrative around end-to-end data stack cost optimization. Both companies will be featured as recommended complementary solutions within each other’s ecosystems.

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Cytora and Treefera Partner to Bring Real-Time, First-Mile Commodity Intelligence to Commercial Insurance Workflows

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New collaboration integrates Treefera’s plot-level data on risk related to nature based assets – such as land performance, weather & climate events into Cytora’s risk processing platform to enhance risk pricing and underwriting precision.

Cytora, the digital risk processing platform, has announced a new strategic partnership with Treefera, an AI-powered first-mile intelligence platform, to incorporate granular agricultural and nature-based asset data into the Cytora platform.

The collaboration will allow commercial insurers to seamlessly access Treefera’s unique portfolio of intelligence within Cytora’s ingestion and digitization workflows. Through this integration, underwriters will immediately be able to enrich their risk submissions with near real-time signals from Treefera, including specific datasets on soil moisture, water stress, crop health, and land-use change.

By bringing these precise, plot-level insights directly into the Cytora platform, insurers no longer must rely on static assumptions or regional proxies. Instead, they can accurately quantify how weather and climate volatility impact land performance and agricultural production, enabling precise risk pricing and capital allocation across commodities, locations, and time horizons.

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The collaboration with Treefera is the latest integration partnership Cytora has agreed upon as the insurtech seeks to build one of the world’s most comprehensive data ecosystems for insurers. It also follows a period of significant growth for Cytora, including a major collaboration with Chubb, and the continuous enhancement of its platform, which leverages agentic AI to bring a new level of performance, efficiency, and explainability to risk assessment and underwriting processes.

Juan de Castro, COO at Cytora, said: “Environmental and climate volatility are increasingly critical factors in commercial underwriting. Through our partnership with Treefera, we are making it easier for insurers to embed highly granular, first-mile intelligence directly into their workflows. This empowers underwriters to make smarter, faster pricing and risk selection decisions with unparalleled visibility into plot-level risks.”

Caroline Grey, CRO and Co-Founder at Treefera, said: “Soft and agricultural commodities underpin half of the global economy, yet there is often a lack of visibility into supply conditions and risks at the point of origin. By integrating our proprietary AI and financial-grade risk analysis into Cytora’s advanced platform, we are helping insurers replace regional proxies with plot-level insight in near real-time so they can accurately price risk and build resilience in an increasingly volatile world.”

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Asana Acquires StackAI, Adding Cross-System Execution for Human-Agent Teams

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Acquisition adds orchestration for complex workflows that span enterprise systems, data, and teams

True Global Ventures Appoints Tal Elyashiv as General Partner

True Global Ventures (TGV) - Crunchbase Company Profile & Funding

Appointment Strengthens U.S. Presence with TGV’s Deepening Focus in the Bay Area

True Global Ventures (TGV), global venture capital firm investing in visionary founders building category-defining AI-first technology companies, today announced the appointment of Tal Elyashiv as General Partner.

A seasoned entrepreneur, venture capitalist and technology executive with a distinguished career spanning Silicon Valley, Wall Street and Tel Aviv, Elyashiv brings a rare combination of deep-tech investing expertise, experience as an operator and institutional finance leadership to the firm. He will be relocating to the U.S. later this year, further reinforcing TGV’s growing presence in the San Francisco Bay Area.

An American Israeli with roots across two of the world’s foremost innovation ecosystems, Elyashiv has spent decades at the intersection of technology, financial services and venture capital.

Elyashiv is co-founder and Managing Partner of SPiCE VC, the first fully tokenized venture capital fund globally. SPiCE VC is also recognized as a top performing VC fund, with strong distributions vs paid in capital (DPI) and total value vs paid in capital (TVPI), significantly outperforming industry benchmarks. Elyashiv will continue his leadership at SPiCE VC (currently in its late harvesting stage) in parallel to his contribution at TGV.  The funds’ mandates are substantially different and there is no conflict of interest between the two roles.

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In addition to his pioneering leadership at SPiCE VC, Elyashiv is also a co-founder of Securitize, now the leading platform for the tokenisation of real-world assets globally and a defining company in the digital securities space. He is also the author of two best-selling books, Blockchain Prophecies and the recently published Investing in Revolutions: Creating Wealth from Transformational Technology Waves, establishing him as one of the foremost thought leaders on the convergence of AI, blockchain, and quantum computing.

His prior roles in institutional finance include serving as a senior executive at Capital One, and Bank of America, COO at BondDesk Group, where he led the major turnaround of technology and service delivery, and as CTO and Head of New Businesses at 888.

Elyashiv’s appointment comes as TGV continues to accelerate its focus on AI-first business applications through TGV Fund 6, which leads investments at the late seed and Series A stages with a strong emphasis on California-based startups.

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“Tal brings the fund management experience from a well-performing VC that we seek at TGV — on top of that someone who has built companies, led institutions, and invested with conviction across multiple technology cycles. His American and Israeli roots give him a truly global lens, and his return to the U.S. aligns perfectly with TGV’s deepening focus on the Bay Area. We are thrilled to welcome him to the partnership.”
— Dušan Stojanović, Managing Partner, True Global Ventures

“TGV has built something rare — a genuinely global fund with the network, the portfolio, and the conviction to back category-defining founders at the most critical stages of their growth. After decades building at the frontier of fintech and blockchain, I am excited to join a team that shares my belief that AI and blockchain are the defining investment themes of our era. I look forward to bringing my experience bear in support of True Global Ventures and its next chapter.”
— Tal Elyashiv, General Partner, True Global Ventures, Managing Partner, SPiCE VC

“Tal’s combination as a seasoned venture investor, a successful operator, enterprise leadership and turnaround experience is exceptional. He has not only invested at the frontier — he has built there. Tal’s depth and breadth of expertise and hands-on execution will be an asset to TGV and our portfolio companies as they scale.”
— Beatrice Lion, General Partner, True Global Ventures

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Virtana Appoints Daniel Raskin as Chief Marketing Officer

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Seasoned B2B marketing executive and AI entrepreneur joins to accelerate go-to-market as demand for AI-powered observability reaches an inflection point

Virtana, provider of the deepest and broadest observability platform for hybrid and multi-cloud environments, announced the appointment of Daniel Raskin as Chief Marketing Officer. Raskin brings more than 25 years of enterprise marketing leadership to Virtana at a time of significant momentum, as Global 2000 enterprises accelerate investment in AI infrastructure and demand observable, accountable operations at scale.

Raskin brings more than 25 years of enterprise marketing leadership to Virtana at a time of significant momentum, as Global 2000 enterprises accelerate investment in AI infrastructure and demand observable, accountable operations at scale.

“Daniel brings a rare combination of founder instinct, enterprise marketing leadership, and product operating experience,” said Paul Appleby, CEO of Virtana. “He has built and scaled marketing functions in some of the most demanding categories in enterprise technology, while directly shaping product strategy and growth. That combination is essential at this stage. As Virtana enters a period of accelerating market opportunity, his ability to translate complex, AI-driven infrastructure into clear, outcome-focused narratives will sharpen our market position and strengthen how we communicate value to customers, partners, and investors.”

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Most recently, Raskin co-founded Mperativ, a venture-backed company that applied agentic AI to go-to-market data and marketing attribution, helping enterprises connect marketing investment directly to pipeline and revenue outcomes. Following Mperativ’s acquisition by Lative, Raskin joins Virtana to lead global marketing strategy, brand development, and demand generation.

Prior to Mperativ, Raskin held senior leadership roles at Sun Microsystems, McGraw-Hill, ForgeRock, and Kinetica. At ForgeRock, he led both marketing and product, joining when the company had $4M in ACV and playing a key role in scaling the business through its high-growth phase, prior to its public market debut at a $3B valuation. His track record spans enterprise middleware, identity and access management, cloud, and AI-powered data platforms, including building high-performing global teams, launching new business lines, and driving demand across startup and large-scale enterprise environments.

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“Virtana is addressing one of the defining infrastructure challenges of this decade,” said Raskin. “As organizations forge into the AI era, applications have become distributed systems and AI workloads are proliferating rapidly, making observability the central control point for visibility, governance, and resilience at scale. Legacy application monitoring solutions cannot keep pace. Virtana delivers end-to-end observability with the data and context required to power agentic AI, enabling smarter automation, stronger resilience, and disciplined performance as enterprises scale AI.”

Raskin joins a Virtana executive team that includes Appleby, Chief Product Officer Amitkumar Rathi, who leads the company’s product strategy, and veteran CFO David Stack who joined Virtana in 2025 from Hubspot. He joins as the company accelerates its momentum in AI and hybrid cloud observability, helping drive awareness around several major announcements, including the launch of Virtana’s System-Aware MCP Server, AI-Native Application Observability, the extension of AI Factory Observability to Nutanix agentic AI environments, AWS Bedrock Guardrails environments, the Dell AI Factory and new research revealing that 75% of enterprises report double-digit AI failure rates as fragmented observability hits its breaking point. The company was also recently named Best Hybrid Cloud Solution by The Cloud Awards, recognizing its platform’s unmatched breadth and depth across hybrid enterprise environments.

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Form.io and Contentstack Formalize Partnership to Bring Governed Data Collection to Adaptive Digital Experiences

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Two infrastructure layers enterprises already run together — now a named partnership.

Form.io, the enterprise data platform trusted by regulated industries and government agencies, today announced a formal partnership with Contentstack, the pioneer of the Agentic Experience Platform (AXP). The partnership recognizes a proven integration pattern already running in production across regulated industries — and gives joint customers a clearer path toward modern digital experience infrastructure.

Enterprises building on composable architectures have long needed two things to work together: a content layer that can deliver experiences across any channel, and a data collection layer that can hold up under compliance scrutiny and complex UX demands. For organizations in healthcare, financial services, and government, those requirements don’t trade off. Both have to be true at once.

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Contentstack handles content — natively unifying structured content, real-time data, and autonomous AI orchestration. Form.io handles data collection — compliant by design, auditable from the moment of capture, and always inside the customer’s own environment. Together, they give regulated enterprises a composable experience layer that moves fast and a data collection layer that holds up when compliance calls — both, without compromise.

“Adaptive digital experiences only deliver on their promise if every layer can meet enterprise requirements — including how data is collected, governed, and secured. Form.io helps close a critical gap by providing a flexible, enterprise-ready data collection layer that aligns naturally with the needs of our global customers,” said Jeff Cheal, Director of Partnerships, America at Contentstack.

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For organizations in healthcare, financial services, and government, that combination is the baseline — modern digital experiences built on infrastructure that was designed for the environments they actually operate in.

“Enterprises in regulated industries need both flexible digital experiences and compliant data collection,” said Heather Hornor, COO of Form.io. “What we’re formalizing is a proven pattern our common customers are already leveraging — Form.io and Contentstack together — and giving it the GTM structure needed to scale.”

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Modius Appoints High-Growth Revenue Leader Matt Gilbo as Vice President of Global Sales

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Modius names Matt Gilbo as VP of Global Sales , bringing 20+ years of tech experience to lead global sales strategy amid rapid company growth

Modius Inc., a leading provider of Data Center Infrastructure Management (DCIM) solutions, today announced the appointment of Matt Gilbo as Vice President of Global Sales. This strategic hire comes amid a period of rapid growth for Modius, following a new partnership with Bridgepointe Technologies and the addition of Val Milshtein to its Board of Directors.

What drew me to Modius is the OpenData platform’s ability to translate massive amounts of operational data into actionable realtime insights -something that is a requirement for AI-ready facilities”

— Matt Gilbo, VP of Global Sales

In this new role, Gilbo will lead Modius’s global sales strategy, which includes direct sales, channel partnerships, and customer success initiatives. He will focus on expanding into new markets and deepening relationships with strategic partners. His leadership will help Modius meet the surging demand for proactive risk mitigation and operational intelligence as AI adoption accelerates, and data centers face unprecedented pressures.

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Gilbo brings over 20 years of experience in building and scaling high-performance revenue organizations within the enterprise technology, cybersecurity, and data center sectors. Prior to joining Modius, he held executive leadership roles at Rocket Technologies and Safe Security, where he was instrumental in driving significant enterprise go-to-market transformations and sustained revenue growth.

“The rapid rise of AI is putting unprecedented pressure on data center infrastructure, requiring a level of precision and real-time intelligence that traditional DCIM tools simply can’t provide,” said Craig Compiano, CEO of Modius. “Matt’s deep expertise in enterprise technology and his passion for innovation make him the ideal leader to guide our customers through the AI revolution with our OpenData® platform. His expertise will be invaluable as we help organizations transition to a more proactive, intelligence-driven operational model.”

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Earlier in his career, Gilbo held senior sales leadership positions at industry-leading firms including ReliaQuest, Illumio, and Varonis Systems. Throughout his tenure in the industry, he has focused on implementing disciplined sales operating systems and delivering sustained revenue attainment for transformative technology platforms.

“What drew me to Modius is the OpenData platform’s unique ability to translate massive amounts of operational data into actionable, real-time insights—something that is now a requirement for AI-ready facilities,” said Gilbo. “In an environment where uptime and efficiency are paramount, Modius provides the intelligence necessary to act before a potential issue impacts the bottom line. I am excited to lead the sales team as we expand our global footprint and help our customers take full control of their operational risk.”

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Rep AI Raises $6.2 Million in Strategic Follow-On Funding to Advance AI Platform for ecommerce

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Silicon Road Ventures leads latest investment round as Rep AI expands its unified AI platform designed to improve conversion, customer experience, and operational efficiency

Rep AI, an AI platform purpose-built for ecommerce brands and online retailers, announced it has raised $6.2 million in strategic follow-on funding. The round was led by Silicon Road Ventures, with participation from Osage Venture Partners, Flashpoint Venture Capital, and strategic investor Zendesk.

This latest raise marks the second tranche of Rep AI’s funding in approximately 20 months, building on the company’s initial $8.2 million Series A round announced in August 2024. The new capital will accelerate product innovation, expand market reach, and support enterprise growth as Rep AI strengthens its position in the evolving ecommerce AI sector.

Rep AI’s platform helps brands unify customer engagement across the full shopping journey – from identifying shopper intent before purchase to improving conversion and streamlining post-purchase support. By consolidating fragmented AI and customer experience tools into a single platform, Rep AI addresses growing demand for more efficient, revenue-focused ecommerce operations.

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“ecommerce brands are increasingly overwhelmed by disconnected technology stacks that create operational silos and missed revenue opportunities,” said Yoav Oz, co-founder and CEO, Rep AI. “This funding further validates our vision of building a unified AI operating system for ecommerce – one that helps brands better understand shopper behavior, improve conversion, and deliver stronger customer experiences from first interaction through long-term loyalty.”

“The industry is moving beyond isolated AI tools toward integrated systems that can influence the entire customer journey across ecommerce,” said Shauli Mizrahi, co-founder and Chief Technology Officer, Rep AI. “Our focus has always been on building an infrastructure that drives measurable business outcomes while simplifying how brands deploy and scale AI.”

As enterprise AI adoption accelerates, investors are backing platforms that can move beyond fragmented experimentation and deliver scalable business value. According to McKinsey’s 2025 State of AI report, 78% of organizations now use AI in at least one business function, reflecting a significant shift from experimentation to operational deployment. However, many organizations continue to face challenges tied to siloed AI systems and fragmented implementations – creating demand for more unified, enterprise-grade platforms.

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“Brands are seeking scalable, revenue-driving agentic AI infrastructure rather than isolated point solutions,” said Sid Mookerji, Managing Partner at lead investor, Silicon Road Ventures. “Rep AI is emerging as a leader in ecommerce’s fastest-growing technology categories by replacing fragmented systems with a more cohesive, intelligent platform.”

Zendesk’s strategic investment represents more than just capital – it signals validation from one of customer experience technology’s most influential companies and reinforces the growing convergence of customer service, sales, and revenue generation.

“A great retail experience feels like a knowledgeable sales concierge, one that asks the right questions to understand your needs, knows the products inside and out, and can help with everything from discovery to returns. True AI integration in retail requires more than a chatbot; it requires a deep understanding of shopper behavior and product data. Rep AI’s platform demonstrates how behavioral AI can bridge the gap between site visits and completed purchases, offering a personalized concierge at scale. We’re pleased to support the team as they continue to refine the intersection of CX and commerce,” said Adrian McDermott, CTO, Zendesk.

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