Nir Appleboim News Today

The launch of a new fundraising round, the surprising acquisition offers, the pandemic shake-up – Yael Vizel, a founder of the virtual fitting room startup Zeekit, talks about the sale of her firm to the giant American Walmart corporation for an estimated $200 million, and what she bought the day after

Walmart to acquire Israeli AI sizing tech firm Zeekit Zeekit’s virtual try-on technology enables one of the most difficult things to replicate online: understanding how an item will actually look on you. The deal, of which the details were not disclosed, was announced by Walmart on May 13. “I’m thrilled to announce Walmart’s plan to acquire Zeekit, a female-founded, Israeli-based company that combines fashion and technology through its dynamic virtual fitting room platform to create a s...

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Fibre2Fashion Toggle navigation 14 Pic: Walmart US retail giant Walmart is acquiring Zeekit, a female-founded, Israeli-based company that combines fashion and technology through its dynamic virtual fitting room platform to create a significantly enhanced customer and social experience. Zeekit’s technology has already been trialled by many top brands and retailers in the fashion industry. "Virtual try-on is a game-changer and solves what has historically be...

A Walmart store in Laredo, Texas. Photo: Jared C. Benedict CTech – Walmart, the world’s largest retailer, is acquiring Israeli fashion startup Zeekit for an undisclosed sum. Founded in 2013 by Yael Vizel, Nir Appleboim and Alon Kristal, Zeekit has raised just $15 million to date, mainly from private investors. On a post on the Walmart website, the executive vice president of apparel and private brands Denise Incandela said customers will be able to use the feature to try on items sold by th...

Walmart Buys Virtual Fitting Room Startup Related Stories May 12, 2021 May 7, 2021 April 30, 2021 Walmart Inc. has agreed to acquire Zeekit, an Israeli startup whose technology lets customers try on clothing without ever entering a store’s fitting room. Zeekit’s three founders — Yael Vizel, Alon Kristal and Nir Appleboim — will join Walmart as part of the deal, the retailer said. Financial terms of the transaction weren’t disclosed. Zeekit’s image-processing technology, which has...

Walmart Inc. of Bentonville will acquire the virtual fitting company Zeekit, an Israeli startup. Terms were not announced or when Zeekit will be available on Walmart.com. To use Zeekit, customers upload a picture of themselves or use a representative model to virtually try on clothes.  "Virtual try-on is a game-changer and solves what has historically been one of the most difficult things to replicate online: understanding fit and how an item will actually look on you," said Denise Incandela, ...