Algolia buys AI product data startup Velou
Search vendor Algolia acquired New York-based Velou, which uses multimodal AI to extract product attributes from retail catalogs to improve search and AI shopping results. Terms were not disclosed.
Search vendor Algolia acquired New York-based Velou, which uses multimodal AI to extract product attributes from retail catalogs to improve search and AI shopping results. Terms were not disclosed. (Algolia newsroom)
Velou's six-person team joins Algolia; it serves more than 50 retail and brand customers. Algolia says it handles nearly two trillion searches a year for over 18,000 customers. (Algolia newsroom)