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Tag: Dell Technologies Capital

  • MaxIQ plugs in AI ace Sastry Malladi as CTO to power up its next big leap

    MaxIQ plugs in AI ace Sastry Malladi as CTO to power up its next big leap

    MUMBAI: MaxIQ didn’t just hire a CTO; it summoned a Silicon Valley warlock. With three decades of engineering sorcery under his belt, Sastry Malladi has joined the AI startup as chief technology officer—and he’s not here to play nice with traditional revenue models. Backed by Dell Technologies Capital and Intel Capital, MaxIQ just added a whole lot of firepower to its AI engine.

    The appointment of Malladi comes at a time when MaxIQ is gearing up for hypergrowth. He will lead the company’s product and engineering teams as they expand their Revenue AI platform—a brainy beast designed to help B2B SaaS teams turn messy sales pipelines into clean, predictable growth machines.

    Malladi is no stranger to the startup trenches. He co-founded FogHorn Systems (later snapped up by Johnson Controls), built large-scale platforms at eBay and Oracle, and holds the kind of AI chops that make recruiters weep with envy. Now, he’s bringing that playbook to MaxIQ.

    “I’m thrilled to join the leadership team at MaxIQ during this pivotal growth phase. Today’s revenue teams are operating in silos—disconnected tools for sales and success lead to inaccurate forecasts, missed handoffs, and lost opportunities. With Revenue AI, we have the chance to change the game. I’m excited to build the platform that brings it all together,” said Malladi.

    At MaxIQ, he’ll lead the development of its Agentic AI capabilities. That includes forecasting, onboarding, product adoption, and revenue expansion—all in one unified dashboard that’s less spreadsheet, more smart rocket.

    His arrival follows MaxIQ’s recent $7.8 million seed round, led by Dell Technologies Capital and supported by Intel Capital. With fresh funding and a battle-tested CTO in place, the company is ready to turbocharge its R&D roadmap and hire globally.

    CEO Matt Hickey didn’t hold back on the praise. “Sastry’s track record of technical excellence and entrepreneurial success speaks for itself. He’s the right leader to help us scale the next-generation platform that today’s GTM teams have been waiting for.”

    As B2B SaaS companies scramble to align sales, customer success, and RevOps, MaxIQ is rolling out the AI red carpet. From deal qualification to onboarding and renewals, it’s offering a one-stop revenue command centre—and with Malladi now at the helm, the platform is only getting sharper.

  • MaxIQ raises 7.8 million dollars to bring AI-powered clarity to revenue

    MaxIQ raises 7.8 million dollars to bring AI-powered clarity to revenue

    MUMBAI: MaxIQ, the AI-powered Revenue Intelligence platform, has secured 7.8 million dollars in seed funding, with Dell Technologies Capital leading the round and Intel Capital participating. The investment will fuel product innovation, team expansion, and scaling operations, as MaxIQ aims to eliminate revenue fragmentation in B2B SaaS enterprises.

    For B2B SaaS companies, managing revenue is often like piecing together a puzzle with missing pieces, disconnected tools, siloed teams, and unreliable forecasts slow down growth. MaxIQ’s AI-driven platform solves this by bringing together sales, customer success, and RevOps into a single, real-time revenue ecosystem. From deal qualification to post-sales adoption, MaxIQ enhances forecast accuracy, speeds up onboarding, and ensures businesses capture maximum value across the customer journey.

    Founded by Sonny Aulakh in 2022, the company is now bolstering its leadership with Matt Hickey as CEO and Rob Sexton as CRO, both veterans of Palo Alto Networks, EMC, and Securiti.ai. Hickey is set to steer MaxIQ from category pioneer to industry leader, while Sexton will drive revenue strategy and expansion.

    “The gap between sales and customer success is costing businesses time and money,” said MaxIQ CEO Matt Hickey. “We’re closing that gap by unifying workflows and using AI-powered insights to help revenue teams operate in sync and deliver faster value.”

    Dell Technologies Capital investor Chris Hillock called MaxIQ’s vision bold and transformative, adding that it offers B2B SaaS firms the ability to harness fragmented data and optimise revenue operations.