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eBay to acquire VC-backed SalesPredict

eBay will acquire SalesPredict, a Netanya, Israel-based company that leverages advanced analytics to predict customer buying behavior and sales conversion. The amount of the deal was not disclosed. SalesPredict’s acquisition – which follows the recent purchase of Expertmaker – will support eBay’s artificial intelligence, machine learning and data science efforts. Upon the close of the transaction, a number of SalesPredict’s employees will join eBay’s structured data organization, working from eBay’s Israeli Development Center in Netanya. SalesPredict Co-Founder and CEO Yaron Zakai-Or will serve as a Director of Product Management, Technology, and SalesPredict Co-Founder and CTO Kira Radinsky will be Director of Data Science & Chief Scientist, eBay Israel. Co-founded in 2012 by Yaron Zakai-Or and Kira Radinsky, SalesPredict was backed by Yandex, AfterDox, Redline Capital, KGC Capital, and Pitango Venture Capital.

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M&A,eBay Inc,SalesPredict,Israel,advanced analytics,customer buying behaviour,sales conversion,Expertmaker,Mergers & Acquisitions,VC deals,Venture Capital