According to Calcalist, Israeli ecommerce AI startup ZyG raised $60 million in a Series A round led by Accel at a $500 million valuation. The funding brings ZyG’s total capital raised to $118 million, with participation from Lightspeed, Viola, Bessemer, Access Industries, and Wiz CEO Assaf Rappaport. Accel partner Sonali De Rycker will join the company’s board. Founded by former ironSource executives, ZyG uses AI to identify high-potential ecommerce products and automates tasks including store creation, marketing, customer acquisition, and logistics.
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