The financial details of the deal were not disclosed but a report citing market sources said the estimate was for $10 million.

The Chinese e-commerce giant led a Series B funding round in the Tel Aviv-based startup, which analyzes data quickly and cost effectively.

The Chinese tech giant told Tel Aviv University students he was looking to hire more local talent for Alibaba's development lab in Tel Aviv.

October 15, 2017 | Chinese e-commerce company Alibaba is opening an R&D center in Israel. CTO Jeff Zhang revealed at Alibaba’s Computing Conference in China that the company was opening seven R&D centers around the world over the next three years as part of a $15 billion global research program. The R&D labs will be […]