LogMeIn Acquires Nanorep For $45M
August 3, 2017 | Multinational company LogMeIn has acquired Israeli chatbot and virtual assistant startup Nanorep for approximately $45 million. LogMeIn is also expected to pay up to $5 million to Nanorep employees, conditional on performance over two years. Founded in 2009 by Amit Ben Shahar, Aviv Dror, Doron Herzlich and Ofer David, Nanorep uses artificial intelligence and patented natural language processing technologies to make self-service more engaging. It is currently used by over 200 companies worldwide, and has raised $11 million to date.