Coveo Acquires Y Combinator Alum Anglera

Coveo acquired Silicon Valley-based Anglera on Thursday to improve its AI commerce search capabilities. The deal is funded with cash on hand and includes a potential payment in early 2028. Coveo reported an eight-percent revenue jump and earnings of $40.4 million USD in its second-quarter earnings report. The company's stock saw a 1.5-percent bump, trading at $4.84 per share.