The feedback from the market is clear and swift and the rate of adoption of Syte’s solution is unparalleled.
Viola Ventures general partner Ronen Nir said, “Rarely do we find companies that have managed to solve a technological problem that tech giants have been working for years to solve without success. With this round we look forward to expanding our product offering in order to support our clients in more aspects of their digital innovation." For us, the validation of our technology and product development has come from our clients, who have selected Syte to help them stay competitive in the fast-evolving retail industry. That vision is what has led us since we founded Syte, and it is what continues to lead us as we enter this stage of hyper-growth. Ofer Fryman said, "We have a vision to transform product discovery, and thus the eCommerce experience, for both retailers and consumers. With this round of funding, the company plans to further extend their offering to include Visual AI powered personalization. Syte also offers Recommendation Engines, In-Store solutions such as Smart Mirrors and In-Store Stylists, as well as Deep AI Tagging to assist in product attribution tagging. Clients include Farfetch, Marks & Spencer, boohoo, and Tommy Hilfiger.
Syte's camera solution allows shoppers to take a picture of a product that inspires them and search for all visually similar products within a retailer’s site. Syte has led the retail industry’s adoption of Visual AI technology, and is known for powering visual search for some of the world’s largest e-commerce companies, by providing the most accurate visual AI on the market. AI fashion shopping co Syte.ai raises $8m
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