'Zip is one of those rare opportunities in enterprise software that doesn't come along often,' said Jay Simons, general partner at Bond. 'What sets Zip apart is its relentless focus on customer success and product innovation, which in today's tough macro environment, is exactly what enterprises need to drive efficiency and rein in costs.' The company will use the new cash to invest in engineering and research and development, including a new internal AI lab to create new AI-powered tools. The money also will be used to expand geographically.
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