Anticlimax: Monetate, Pa. retail-software maker that drew $46M from hopeful investors, bought by Texas competitor

  • “Monetate, a Conshohocken-based company whose software personalizes online shopping for customers, announced Thursday that it is being acquired by Kibo, a Dallas-based rival.
  • Kibo, which employs about 265 people, provides cloud-based software for online commerce. In February, it acquired Certona, a recommendation engine that also uses AI to streamline e-commerce sales. Kibo’s client base includes about 600 business-to-business and consumer retailers and brands, according to the company.”

https://www.google.com/amp/s/www.inquirer.com/business/retail/monetate-kibo-vista-ecommerce-ai-personalization-engine-20191010.html%3foutputType=amp


Stephen R. Collins

CEO Monetate

http://linkedin.com/in/srcollins

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