Top Israeli AI Startup Acquirers

Share on linkedin
Share on facebook
Share on twitter

Israeli Artificial Intelligence (AI) startups have been the focus of major M&A efforts since 1998.

The infographic above depicts the top 10 acquirers of Israeli AI startups by their data and exit consideration.

Here’s  a summary of the Israeli AI startup acquirers and targets with their total money spent on acquisitions:

Read our analysis of all Israeli AI startup exits here.

Apple – $352 million

PrimeSense acquired for $350 million in November 2013 – Founded in May 2005 by Aviad Maizels, Alexander Shpunt, Dima Rais, Ophir Sharon, and Tamir Berliner, PrimeSense developed hardware and chips that enabled three-dimensional computer vision sensing of a user, and which learns and understands user movement within those surroundings. It’s technology originally powered the Microsoft Kinect product, and was acquired to enable, in a miniature form and to a certain degree, facial recognition on the iPhone. PrimeSense had raised nearly $80 million in total funding.

RealFace acquired for $2 million in February 2017 – Founded in January 2014 by Aviv Madar, Adi Eckhouse Barzilai and Etai Littwin, RealFace developed facial recognition software using machine learning and deep learning methods that was embedded into the iPhone.  RealFace had raised $1 million in total funding.

AOL – $516 million

Relegence acquired by AOL for $75 million in November 2006 – Founded in May 1999 by Edo Segal and Arik Kopelman, Relegence used Natural Language Processing and Machine Learning to search and curate textual content for business intelligence purposes. Relegence had raised $11 million in total funding.

Quigo acquired by AOL for $340 million in November 2007 – Founded in January 2000 by Yaron Galai, Oded Itzhak, and John Ball, Quigo used machine learning and semantic algorithms to develop search engine solutions for marketing and business intelligence. Quigo had raised nearly $42 million in total funding.

Convertro acquired by AOL for $101 million in May 2014 – Founded in January 2009 by Jeff Zwelling, David Feldman, David Perez and Gary Gurevich, Convertro used machine learning for programmatic advertising to predict and cross-attribute across multiple channels to provide channel insight granularity. Convertro raised nearly $5 million in total funding.

eBay – $60 million

SalesPredict acquired by eBay for $30 million in July 2016 – Founded in July 2012 by Kira Radinsky and Yaron Zakai-Or, SalesPredict leveraged machine learning and advanced analytics to predict and identify customer purchasing intent and sales conversions. The company’s artificial intelligence technology was used to bolster eBay’s structured data efforts of product catalog data. SalesPredict raised $5.1 million in funding.

Corrigon acquired by eBay for $30 million in October 2016 – Founded in June 2008 by Avinoam Omer and Einav Itamar, Corrigon developed visual search technology for image and textual elements using computer vision and image processing for eBay structured data efforts of product catalog data.

Facebook – $160 million

Face.com acquired by Facebook for $100 million in June 2012 – Founded in June 2007 by Yaniv Taigman, Eden Shochat, Gil Hirsch, and Moti Schniberg, Face.com developed facial recognition technology of photos using machine learning methods. The company bundled their technology into two apps on Facebook called Photo Finder and Photo Tagger which automatically scanned Facebook photos to suggests tags for untagged faces. The company raised $5.8 million in total funding.

Pebbles Interfaces acquired by Facebook for $60 million in July 2015 – Founded in June 2010 by Emil Alon and Nadav Grossinger, Pebbles Interfaces developed gesture recognition technology that enables smartphones, PCs, smart TVs and other devices to be controlled by natural and intuitive human gestures at low latency, cost and power. The company was strategically acquired for the Oculus group’s efforts. The company raised $16 million in total funding.

Intel – $210 million

Omek Interactive acquired by Intel for $35 million in July 2013 – Founded in January 2007 by Janine Kutliroff, Gershom Kutliroff and Shai Yagur, Omek Interactive used computer vision technology to developed gesture-control and hand-tracking software. The company’s technology was bundled into Intel’s perceptual computing umbrella. The company raised nearly $14 million in total funding.

Replay Technologies acquired by Intel for $175 million in March 2016 – Founded in November 2011 by Oren Yogev, Mateo Shapira, and Aviv Shapira, Replay Technologies developed FreeD technology, its proprietary image processing and computer vision algorithms that synchronizes all images captured from an array of cameras and render a resulting in 360-degree image for ultimate replay viewing. The company raised $27 million in total funding.

Microsoft – $877 million

YaData acquired by Microsoft for $22.4 million in February 2008 – Founded in July 2006 by Moti Radomski, Rann SmorodinskyIshai Oren and Amir Peleg, YaData used machine learning and data mining technology to micro-segment customer data for mobile usage purposes. The company raised $4.3 million in total funding

Zoomix acquired by Microsoft for $35 million in July 2008 – Founded in February 1999 by Avinoam Omer and Ariel Shoham, Zoomix used machine learning technology to analyze, classify and clean company resource data-sets  into highly usable structures.

Aorato acquired by Microsoft for $200 million in November 2014 – Founded in 2011 by Idan PlotnikOhad Plotnik and Michael Dolinsky profiles, Aorato created Directory Services Application Firewall (DAF) in cyber security, which applies machine learning to learn and predict an entity’s malicious behavior on a company’s network. The company raised $11 million in total funding.

Equivio acquired by Microsoft for $200 million in January 2015 – Founded in January 2004 by Yiftach Ravid, Warwick Sharp, and Amir Milo, Equivio developed natural language processing and machine learning technologies for text analysis software in the legal market. The company raised $500 thousand in total funding.

Adallom acquired by Microsoft for $320 million in September 2015 – Founded in 2012 by Assaf Rappaport, Ami Luttwak and Roy Reznik, Adallom leveraged Artificial Intelligence to detect anomalies in individuals’ data usage patterns across more than 39,000 different SaaS applications. The company raised $49.5 million in total funding.

Hexadite acquired by Microsoft for $100 million in June 2017 – Founded in March 2014 by Eran Barak, Idan Levin, and Barak Klinghofer, Hexadite developed machine learning algorithms for their automated incident response solution, which maximized an enterprise’s ability to neutralize cyber security breaches. The company raised $10.5 million in total funding.

Palo Alto Networks – $200 million

LightCyber acquired by Palo Alto Networks for $100 million in March 2017 – Founded in October 2013 by Gonen Fink and Michael Mumcuoglu, LightCyber used machine learning in their automated behavioral analytics technology that identified attacks based on behavioral anomalies within an enterprise network. LightCyber raised $32 million in total funding.

Secdo acquired by Palo Alto Networks for $100 million in April 2018 – Founded in October 2014 by Shai Morag and Gil Barak, Secdo used neural networks to detect and respond to security threats in real time. Secdo raised $11 million in total funding.

PayPal – $229 million

FraudSciences acquired by PayPal for $169 million in January 2008 – Founded in October 2001 by Saar Wilf and Shvat Shaked, FraudSciences used machine learning to automatically detect and classify fraud for merchant solutions. FraudSciences raised $11 million in total funding.

Cyactive acquired by PayPal for $60 million in March 2015 – Founded in December 2013 by Liran Tancman and Shlomi Boutnaru, CyActive developed machine learning inspired by biological algorithms to predict hackers intent to modify malware to evade existing security measures. CyActive raised $2 million in total funding.

Salesforce – >$830 million

BlueTail acquired by Salesforce in July 2012 – Founded in September 2009 by Alon Talmor, Yaniv Zecharya, Amir Cohen, Elad Tsur, Koby Ben-Zvi and Noam Ben-Zvi, BlueTail developed machine learning and data mining algorithms for entities recognition and resolution on the web and social networks.

Implisit acquired by Salesforce for $30 million in May 2016 – Founded in June 2013 by Gilad Raichshtain and Elad Donsky, Implisit developed machine learning and text mining algorithms for predictive sales intelligence. The company raised $3.3 million in total funding.

Datorama acquired by Salesforce for $800 million in July 2018 – Founded in June 2012 by Ran Sarig, Efi Cohen and Katrin Ribant, Datorama used machine learning  for its marketing integration engine which automates the collection of data sources. Datorama raised $50 million in total funding.

WalkMe

Abbi acquired by WalkMe in January 2017 – Founded in December 2015 by Maor Ezer, Kobi Stok and Yonatan Deshel, Abbi used machine learning to understand user usage behavior and identify user “happy moments”​ in real time. Abbi had raised $1 million in total funding.

DeepUI acquired by WalkMe in June 2018 – Founded in June 2014 by Dr. Ron Zohar and Moran Shemer, DeepUI developed a deep learning algorithm that understands any given digital platform and can be used to understand the current context in which the user is accessing an app, and how that context affects usability.

 

 

Continue Reading