Singapore: LogMein Inc acquires Nanorep, UOB-backed OurCrowd exits

Singapore: LogMein Inc acquires Nanorep, UOB-backed OurCrowd exits

Visual from Ourcrowd social media.

Nasdaq-listed LogMein Inc has agreed to acquire Israel-based Nanorep, a provider of self-service, virtual assistants and smart bot solutions for customer service and e-commerce, for a consideration of $45 million. This will pave the way for an exit for investors like UOB-backed OurCrowd, iAngels, JAL Ventures, and Oryzn Capital.

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