Pixis Raises $100M in Series C Funding

Pixis founders, from left, Shubham A. Mishra, Vrushali Prasade and Hari Valiyath (Photo: Business Wire)

Pixis, a Burlingame, CA-based provider of contextual codeless AI infrastructure for complete marketing optimization, raised $100M in Series C funding.

The round was led by SoftBank Vision Fund 2, with participation from General Atlantic, Celesta Capital, Premji Invest, and Chiratae Ventures. With the close of its US $17M Series B round just four months prior, Pixis has raised a total of US $124M to date since its founding in 2018.

The company intends to use the funds to scale its AI platforms and plugins, as well as accelerate expansions across North America, Europe, and APAC.

Led by Shubham A. Mishra, CEO, Pixis provides a codeless AI infrastructure to enable customers to scale accurate data-driven marketing. The company’s codeless AI infrastructure currently comprises over four-dozen proprietary AI models that are deployed across an ecosystem of products and plugins. Pixis currently has over 100 customers using its AI products across the world. Looking ahead, the company aims to add over 200 customizable self-evolving AI models to the infrastructure it offers and has already introduced close to four dozen AI models since its last funding.

FinSMEs

21/01/2022