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Globality is a leading autonomous sourcing platform based in Menlo Park, CA, that leverages sophisticated AI technology to streamline procurement processes, increase efficiencies, and reduce costs for businesses. Their platform utilizes generative AI-powered scoping to define project requirements accurately and quickly, selects the most qualified suppliers through merit-based competition, provides data-driven insights for negotiation, and automates the award process for better governance. With a focus on automation and data-driven decision-making, Globality empowers companies to optimize their spending, achieve significant cost savings, and improve operational efficiency. Their AI engine constantly learns and provides intelligent recommendations, turning spend data into a valuable asset. Recognized by industry analysts as a game-changer, Globality's platform is ideal for organizations looking to augment their sourcing and procurement teams, enhance sustainability and diversity goals, and make informed sourcing decisions aligned with their business objectives.Generated from the website

Established in 1984, Summit Partners is a growth equity investor that provides private equity and venture capital to growing companies. Located in Palo Alto, Calif., the company invests in businesses that include business services, communications technology/services, consumer products, education, energy, financial services and health care/life sciences, among others. Summit Partners has provided growth equity, recapitalization and management buyout financing to more than 300 growing companies across a range of industries and geographies. The company's portfolio includes Accedian Networks Corporation, Actix Limited, Acturis Limited, Announce Media, LLC and ApoCell Inc., among others.