UNBXD IN THE NEWS
MOUNTAIN VIEW, CA — SEPTEMBER 27, 2017 — Unbxd Inc. (unbxd.com), a leading cloud-based product discovery solution for eCommerce, welcomed Sanjay Singh as Chief Operating Officer today. He also joins the Board of Directors at Unbxd.
Singh, a former Senior Vice President at Akamai Technologies, takes on the challenge of driving the go-to-market strategy for Unbxd.
Unbxd recently raised $12.5 million in funding led by Eight Roads Ventures, the proprietary investment arm of Fidelity International Ltd.
“We are excited to welcome Sanjay to the Unbxd team,” said Pavan Sondur, Co-Founder and CEO, Unbxd. “His extensive experience in building and growing global businesses will accelerate our go-to- market strategy and continue to guide us to a leadership position as a cloud technology provider for eCommerce.”
According to Forrester, we are five years into the Age of the Customer. This new era of commerce highlights a generation of empowered customers who have a lot more choices and accordingly have much higher expectations. It is Singh’s customer-centric approach to business that promises to take Unbxd to the next level of growth. In a career spanning 18 years with Akamai Technologies Inc.— that saw Akamai grow from a $4M/year startup to a $2+billion/year internet technology giant — Singh helped establish and grow various GTM teams across global operations, including building and operating a global services organization dedicated to supporting even the largest and most demanding customers. He most recently served as Senior Vice President for Global Operations at Akamai.
“It is impressive to see what the team at Unbxd has already achieved for retailers within the IR 1000 list. Its solutions are meant for the next generation of digital commerce companies that understand the importance of catering to the modern customer. Today, over 40% of online buyers start the product discovery journey with search. The Unbxd platform focusses on enhancing product discovery by targeting the trifecta of digital retail — relevancy, personalization, and intent.” said Singh.
The Unbxd AI-powered product discovery platform understands shoppers’ intent and connects them to the products that they are most likely to buy — across search, navigation and recommendation purchase journeys. The solution combines AI-based automation and easy business controls, enabling online retailers to enhance their on-site shopper experience and revenue.
Unbxd powers 1.5 billion monthly interactions and $4.5 billion in annual GMV for leading retailers like Ashley HomeStore, Express, HSN, and Rue21.