Last updated August 8th 2017

Nanorep LogoAugust 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, according to Globes.