Rithum (formerly CommerceHub) Acquires AI Startup Cadeera
December 12, 2023
Rithum (formerly CommerceHub) has acquired AI startup Cadeera to accelerate its AI-powered search and product discovery capabilities across its commerce platform. The acquisition is intended to infuse multimodal AI (computer vision, language processing, and machine learning) into Rithum’s product onboarding, search, and discovery features to drive faster time-to-market and operational efficiencies for brands and retailers.
- Buyers
- Rithum
- Targets
- Cadeera
- Industry
- AI & Machine Learning
- Location
- Berlin, Germany
- Transaction Type
- Buyout
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