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20th September 2018

Retail AI firm Nosto raises $7.4 million

Nosto, a leader in ecommerce personalization and artificial intelligence (AI) tools for retail, has raised USD $7.4 million led by European investment companies Tesi, Open Ocean and Idinvest. Nosto’s innovative retail personalization solutions have fueled a three-year growth rate of 260 percent in North America driven by deep relationships with 2,500 of the world’s fastest growing retail brands. To date, Nosto has raised more than $25 million from investors to further expand its leadership in artificial intelligence and deep learning for retail.

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