Dell and Intel-Backed AI Startup MaxIQ Appoints Sastry Malladi as CTO to Boost Revenue AI Platform

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On Fri, 28 Mar, 4:02 PM UTC

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MaxIQ, an AI-powered Revenue Platform for B2B SaaS enterprises, has appointed Sastry Malladi as its new Chief Technology Officer. This move aims to strengthen the company's technical leadership and accelerate the development of its Revenue AI platform.

MaxIQ Strengthens Technical Leadership with New CTO Appointment

MaxIQ, an AI-powered Revenue Platform for B2B SaaS enterprises, has announced the appointment of Sastry Malladi as its new Chief Technology Officer (CTO). This strategic move aims to bolster the company's technical leadership and accelerate the development of its Revenue AI platform 12.

About Sastry Malladi

Sastry Malladi brings over three decades of experience to his new role at MaxIQ. His impressive background includes:

  • Co-founding multiple startups, including FogHorn Systems, a pioneer in Edge AI that achieved a successful exit 12
  • Significant experience in technology leadership roles at major companies like eBay and Oracle 12
  • Deep expertise in AI, enterprise software, and leading globally distributed engineering teams 12

MaxIQ's Vision and Platform

MaxIQ's bold vision is to help enterprises bridge the gap between sales execution and customer value realization. The company's Revenue AI platform aims to:

  • Unify Sales, Customer Success, and RevOps into a single intelligent system 1
  • Support sales forecasting, customer onboarding, product adoption, and revenue expansion in one platform 12
  • Enable B2B SaaS companies to deliver elite customer experiences, accurate forecasting, and long-term growth 1

Sastry Malladi's Role and Impact

As the new CTO, Sastry Malladi will:

  • Lead MaxIQ's product and engineering organization 12
  • Spearhead the expansion of MaxIQ's Agentic AI capabilities 1
  • Accelerate the company's R&D roadmap and global team expansion 12

Sastry expressed his enthusiasm for joining MaxIQ, stating, "With Revenue AI, we have the chance to change the game. I'm excited to build the platform that brings it all together" 12.

Company Backing and Growth

MaxIQ's recent developments include:

  • Backing from Dell Technologies Capital and Intel Capital 12
  • A recent $7.8 million seed round led by Dell Technologies Capital, with participation from Intel Capital 12
  • Strong momentum as more B2B SaaS companies seek to align their go-to-market teams under one intelligent platform 12

Leadership Team and Future Outlook

Sastry Malladi will work alongside CEO Matt Hickey and Founder Sonny Aulakh to drive MaxIQ's growth and innovation 12. Matt Hickey welcomed Sastry's appointment, saying, "Sastry's track record of technical excellence and entrepreneurial success speaks for itself. He's the right leader to help us scale the next-generation platform that today's GTM teams have been waiting for" 12.

As MaxIQ continues to expand its capabilities and market presence, the addition of Sastry Malladi to the leadership team positions the company for further growth and innovation in the competitive AI-powered revenue management space.

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