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§ Private Profile · San Jose, CA, USA
Software company developing machine-learning personalization and recommendation software for e-commerce and retail, focused on consumer behavior.
Baynote is a San Jose, California-based software company that develops machine-learning recommendation engines and data hubs for e-commerce retailers and online publishers. Operating under a business-to-business software-as-a-service model, the company utilizes an Affinity Process Unit alongside anonymous consumer behavior metrics to generate artificial intelligence-driven product recommendations, personalized search results, and targeted marketing content. Prior to its eventual acquisition, the enterprise software developer raised approximately $37 million in venture capital funding from institutional investors including Steamboat Ventures and Thomvest Ventures. In September 2016, the business was acquired by Kibo Commerce, a cloud commerce platform backed by Vista Equity Partners, to integrate advanced behavioral personalization capabilities directly into its broader retail product suite. Following this strategic transaction, the standalone corporate brand was gradually phased out across the industry. Baynote was founded in 2004 by Jack Jia.
Baynote has raised $13.0M across 1 funding round.
Baynote has raised $13.0M in total across 1 funding round.
Baynote has raised $13.0M in total across 1 funding round.
Baynote's investors include Singtel Innov8, Hummer Winblad Venture Partners, JK&B Capital, Steamboat Ventures.
Baynote has raised $13.0M across 1 funding round. Most recently, it raised $13.0M Series C in January 2011.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jan 12, 2011 | $13M Series C | Singtel Innov8 | Hummer Winblad Venture Partners, JK&B Capital, Steamboat Ventures | Announced |