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Algolia Disrupts Market with Search.io Acquisition, Ushering in a New Era of Search and Discovery

Retrieved on: 
Monday, September 12, 2022

Algolia will combine its market leading keyword search and Search.ios Neuralsearch into a single API.

Key Points: 
  • Algolia will combine its market leading keyword search and Search.ios Neuralsearch into a single API.
  • With this acquisition, Algolia stays true to these tenets while revolutionizing search and discovery by providing the world's first and only API-First Search and Discovery platform with a hybrid search engine, which comprises both keyword and semantic search in a single API.
  • With the addition of the vector search engine from Search.io, were going to disrupt the search market significantly, said Bernadette Nixon, chief executive officer, Algolia.
  • Well be the only product on the market that combines keyword search with vector-based semantic and image search, along with vector-based recommendations.

Algolia Disrupts Market with Search.io Acquisition, Ushering in a New Era of Search and Discovery

Retrieved on: 
Monday, September 12, 2022

Algolia will combine its market leading keyword search and Search.ios Neuralsearch into a single API.

Key Points: 
  • Algolia will combine its market leading keyword search and Search.ios Neuralsearch into a single API.
  • With this acquisition, Algolia stays true to these tenets while revolutionizing search and discovery by providing the world's first and only API-First Search and Discovery platform with a hybrid search engine, which comprises both keyword and semantic search in a single API.
  • With the addition of the vector search engine from Search.io, were going to disrupt the search market significantly, said Bernadette Nixon, chief executive officer, Algolia.
  • Well be the only product on the market that combines keyword search with vector-based semantic and image search, along with vector-based recommendations.

Forbes Recognizes Search and Discovery Pioneer Algolia as One of the Best and Brightest Private Cloud Companies of the Year

Retrieved on: 
Tuesday, August 9, 2022

The Forbes 2022 Cloud 100 is the definitive ranking of the top 100 private cloud companies in the world, published by Forbes in partnership with Bessemer Venture Partners and Salesforce Ventures .

Key Points: 
  • The Forbes 2022 Cloud 100 is the definitive ranking of the top 100 private cloud companies in the world, published by Forbes in partnership with Bessemer Venture Partners and Salesforce Ventures .
  • For the seventh straight year, the Cloud 100 reviewed submissions from hundreds of cloud startups and private companies each year.
  • The Cloud 100 evaluation process involved ranking companies across four factors: market leadership (35%), estimated valuation (30%), operating metrics (20%), and people & culture (15%).
  • The companies of the Cloud 100 list represent the best and brightest private companies in this fast-growing sector, said Alex Konrad, senior editor at Forbes.

Algolia’s New AI-Powered Merchandising Suite Empowers Retailers To Automate Merchandising during Peak Periods and Flash Sales

Retrieved on: 
Tuesday, August 2, 2022

The new Algolia Merchandising Suite dramatically reduces the complexity for merchandisers to efficiently orchestrate product display, promotions, pricing adjustment, and inventory management from a single, no-code, merchandising console.

Key Points: 
  • The new Algolia Merchandising Suite dramatically reduces the complexity for merchandisers to efficiently orchestrate product display, promotions, pricing adjustment, and inventory management from a single, no-code, merchandising console.
  • The Algolia Merchandising Suite includes category-level merchandising and powerful, artificial intelligence (AI)-based optimizations that enable automatic re-ranking and drive machine learning (ML)-based recommendations.
  • This ensures that conversion rates remain high during busy traffic periods, for example during Black Friday and Cyber Monday sales events.
  • Digital Merchandisers are core to the success of an ecommerce business and weve built the Algolia Merchandising Suite specifically with this audience in mind.

FemTec Health Acquires Nutrimedy, Adds Personalized Nutrition to Women's Health Suite

Retrieved on: 
Monday, July 25, 2022

NEW YORK, July 25, 2022 /PRNewswire/ -- Today FemTec Health, the health and beauty sciences company and creator of the Awesome Woman comprehensive healthcare experience, announced its acquisition of Nutrimedy, the evidence-based clinical nutrition platform that provides support and guidance for over 50 medical conditions.

Key Points: 
  • "For many health conditions, nutrition is a key but often neglected component," said Dr. Kimon Angelides, founder and CEO of FemTec.
  • "Adding Nutrimedy's robust, evidence-based clinical nutrition platform to the Awesome Woman program will be a gamechanger for our subscribers.
  • Through its Awesome Woman holistic health program, FemTec offers at-home tests and monitoring, personalized services and wellness products, and on-demand medical supportall delivered through monthly subscriptions, either direct-to-consumer or as part of an employer's health benefit plan.
  • FemTec Health is on a mission to revolutionize women's healthcare using state-of-the-art genomics, predictive intelligence, and digital technologies.

ChicExecs Records Another Stellar Quarter in Retail, Servicing 83 Clients With Millions in Orders and Securing Top Placements in Major Outlets

Retrieved on: 
Thursday, July 21, 2022

SAN MARCOS, Calif., July 21, 2022 /PRNewswire-PRWeb/ -- ChicExecs, the award-winning retail marketing agency, announces another successful quarter, bringing in millions in orders and securing 83 clients in top retailers nationwide in various industries. The ChicExecs Retail Strategy group forged relationships with key buyers for clients in health and wellness to beauty, baby, pet, lifestyle and tech and education.

Key Points: 
  • SAN MARCOS, Calif., July 21, 2022 /PRNewswire-PRWeb/ -- ChicExecs , the award-winning retail marketing agency, announces another successful quarter, bringing in millions in orders and securing 83 clients in top retailers nationwide in various industries.
  • The ChicExecs Retail Strategy group forged relationships with key buyers for clients in health and wellness to beauty, baby, pet, lifestyle and tech and education.
  • In one instance, we landed a high-priority retail target for a top client after strategically aligning the client's goals with the buyer's needs."
  • ChicExecs combines retail strategy, public relations, digital marketing, social media and influencer marketing all under one roof.

Algolia Helps Co-op Overcome Pandemic-Driven Online Demand

Retrieved on: 
Tuesday, July 19, 2022

By using the Algolia Search & Discovery platform, Co-op enables shoppers to make purchases online that are delivered to their homes with rapid delivery options including same-day delivery or a click-and-collect service for in-store pick-up.

Key Points: 
  • By using the Algolia Search & Discovery platform, Co-op enables shoppers to make purchases online that are delivered to their homes with rapid delivery options including same-day delivery or a click-and-collect service for in-store pick-up.
  • Working with Algolia allowed us to improve and scale the online customer experience quickly.
  • We also use Algolia Recommend to further boost engagement through AI-powered carousels that feature relevant content for online shoppers to discover new items or special offers.
  • Additionally, they are able to seamlessly integrate their online and offline channels with smart digital services that significantly improve their customers experience.

Aircall Exceeds $100 Million in Annual Recurring Revenue, and Reaches Centaur Status

Retrieved on: 
Tuesday, June 28, 2022

Aircall, the connected business phone, today announced it has passed $100 Million in Annual Recurring Revenue (ARR), reaching the exclusive centaur status that only about 150 private companies in the cloud industry, worldwide , have achieved.

Key Points: 
  • Aircall, the connected business phone, today announced it has passed $100 Million in Annual Recurring Revenue (ARR), reaching the exclusive centaur status that only about 150 private companies in the cloud industry, worldwide , have achieved.
  • This milestone comes 6 years after its first million dollar ARR reached in March 2016.
  • Aircall maintains its growth trajectory by focusing on fundamentals, that include continuing to enrich its marketplace, to empower every professional to have richer conversations.
  • Jonathan Anguelov, Aircall co-founder and General Manager, added: We're very proud of reaching this milestone just 6 years after our first million dollars of revenue.

Algolia Named Winner of Salesforce Commerce Cloud Partner Awards

Retrieved on: 
Friday, June 24, 2022

Algolia , the leading API Platform for Search & Discovery, today announced that it had been named a Salesforce Commerce Cloud Partner of the Year.

Key Points: 
  • Algolia , the leading API Platform for Search & Discovery, today announced that it had been named a Salesforce Commerce Cloud Partner of the Year.
  • The Salesforce Commerce Cloud Partner Awards recognize the outstanding performance of digital transformation commerce partners in the Salesforce ecosystem, taking into account the number of new customers and overall growth.
  • We are pleased to be named a Salesforce Commerce Cloud Partner of the Year, said Piyush Patel, Chief Strategic Business Development Officer at Algolia.
  • Salesforce, Commerce Cloud and others are trademarks of Salesforce.com, Inc.
    Algolia is a trademark of Algolia, Inc.
    View source version on businesswire.com: https://www.businesswire.com/news/home/20220623005965/en/

Madison Reed Appoints New Board Members, While Building its C-Suite to Continue Driving Omnichannel Retail Expansion

Retrieved on: 
Friday, June 24, 2022

NEW YORK, June 24, 2022 /PRNewswire/ -- Madison Reed, the prestige beauty brand that has revolutionized the hair color industry, today announced the appointment of Michael Dubin, Founder of Dollar Shave Club, and Stephanie Davis Michelman, Global Chief Marketing Officer (CMO) of Benefit Cosmetics, to its Board of Directors. The company is also announcing the hiring of Brad Lande-Shannon as Chief Marketing Officer (CMO) and the promotion of Tyler Wozny to Chief Digital Officer (CDO). These strategic moves will broaden Madison Reed's retail expertise, as the company continues to grow its omnichannel presence. Madison Reed plans to end 2022 with 80 Hair Color Bars nationwide, while building its strong recurring direct to consumer customer base and retail presence at ULTA, ULTA Beauty at Target, and Amazon.

Key Points: 
  • These strategic moves will broaden Madison Reed's retail expertise, as the company continues to grow its omnichannel presence.
  • Michael Dubin, the Founder and former CEO of Dollar Shave Club, is joining Madison Reed's Board of Directors.
  • A long-time supporter of Madison Reed, Dubin will bring a wealth of experience from his journey with Dollar Shave Club, which included driving the company's $1 billion acquisition by Unilever and its omnichannel expansion.
  • Madison Reed has also appointed Stephanie Davis Michelman, the Global Chief Marketing Officer of Benefit Cosmetics, to its Board.