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Intel, Dell-backed AI startup appoints new CTO
MaxIQ, a platform specializing in AI-driven revenue solutions for B2B SaaS companies, has appointed Sastry Malladi as its chief technology officer (CTO).
Malladi brings over 30 years of experience and will oversee the product and engineering division.
Malladi co-founded multiple startups, including FogHorn Systems, which focuses on Edge AI. He has held leadership roles at eBay and Oracle, contributing to the development of large-scale global platforms. He possesses expertise in AI and enterprise software.
In his new role, Malladi will work on enhancing MaxIQ’s platform capabilities. This includes tools for sales forecasting, customer onboarding, and revenue management.
This appointment follows MaxIQ’s recent US$7.8 million seed funding round led by Dell Technologies Capital, with participation from Intel Capital.
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