Wix Acquires Rise.ai
This acquisition will provide Wix eCommerce merchants with native customer re-engagement tools for building long-term customer value.
Rise.ai started its way at Incentive, Peregrine's incubator back in 2016, under its former name "GiftWizard" during the years that passed, the company conducted several changes in its strategy, that at the end of the way brought it to be a valuable and attractive acquisition.
Wix (Nasdaq: WIX), a leading global SaaS platform to create, manage and grow an online presence, today announced the acquisition of Rise.ai, the gift card and customer re-engagement solution for online brands. The acquisition will extend the Wix eCommerce platform, providing a full solution for merchants to manage customer re-engagement activities aimed at increasing customer spending and repurchases, including gift cards, loyalty programs, rewards and referrals. The original article can be found here.