Indian Startup Little Eye Labs Confirms Its Acquisition By Facebook, Deal Worth $10-$15M

TechCrunch

Last month, we reported that Facebook was planning to buy Little Eye Labs, an Indian startup that makes a software tool for analyzing the performance of Android apps. Now the Bangalore-based company has confirmed its acquisition by the social media giant. A direct source told us that the deal is in the range of $10 million to $15 million. Little Eye Labs’ investors have included VenturEast and GSF.

“With this acquisition, Little Eye Labs will join forces with Facebook to take its mobile development to the next level! This is Facebook’s first acquisition of an Indian company, and we are happy to become part of such an incredible team,” the company said in a statement on its site.

As expected, the entire Little Eye Labs team will move to Facebook’s headquarters in Menlo Park, California, where it will build analysis tools to help develop apps.

“From there, we’ll…

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