Kite, a next-generation commerce company specializing in scaling high-potential brands, announced that it has closed on a commitment of $200 million in equity from funds managed by Blackstone and founding partner Juxtapose. The company will be led by Rob Solomon, former CEO and Chairman of GoFundMe, who brings over two decades of experience in product and business development, operations management, M&A, and brand launches to his role as Kite Co-Founder and CEO.