- Acquired by Alibaba for $30M, Nov 2017
- Raised $6M Series B led by Alibaba, Dec 2014
- Raised $1.6M Series A led by Kaedan Capital, Jul 2013
About
Visualead was an Israeli startup founded in Herzliya in 2012 that developed technology to create personalized QR codes, differing from typical black-and-white codes by incorporating colorful designs. Their patented technology allowed companies to embed QR codes in images, logos, profile pictures, animations, or even videos. The company's aim was to improve the consumer online buying experience and increase interaction with brands. Visualead's technology was used for scan-based connectivity solutions for product packaging, anti-counterfeiting, mobile payments, mobile coupons, social networking, mobile ticketing, login, and authentication. Alibaba acquired Visualead in November 2017 for an estimated $30-50 million, making it Alibaba's first acquisition in Israel. Visualead was integrated into Alibaba's DAMO academy global software program and was expected to form the basis for Alibaba's Tel Aviv R&D center. Visualead's technology was also used to combat counterfeit goods in China through Alibaba's "Blue Stars" platform.
Funding history · 3 rounds · $8.3M total
Headcount over time
Q&A
- What is Visualead's primary business?
- Visualead developed technology that allows companies to embed QR codes in pictures and create personalized QR codes, aiming to improve consumer online buying experiences and increase brand interaction.
- When was Visualead founded and where was its headquarters located?
- Visualead was founded in March 2012 and was headquartered in Herzliya, Israel.
- What was Visualead's acquisition status?
- Visualead was acquired by Alibaba in November 2017 for an estimated $30-50 million. This marked Alibaba's first acquisition in Israel.
- Which investors participated in Visualead's Seed round in May 2013?
- Kaedan Capital participated in Visualead's Seed round in May 2013, which raised $750,000.
- Which investors participated in Visualead's A Round in May 2013?
- Entrée Capital and Kaedan Capital participated in Visualead's A Round in May 2013, which raised $2,400,000.
- Which investors participated in Visualead's B Round in January 2015?
- Alibaba Group participated in Visualead's B Round in January 2015, which raised $5,000,000.
- What was the total amount of funding raised by Visualead?
- Visualead raised a total of $12,300,000 across all its funding rounds.
- How many employees did Visualead have at the time of its acquisition by Alibaba?
- According to startupim data, Visualead had 32 employees in November 2017, the month of its acquisition.
- What was the strategic impact of Alibaba's acquisition of Visualead?
- Visualead was integrated into Alibaba's DAMO academy global software program and was expected to form the basis for Alibaba's Tel Aviv R&D center. Its technology was also used to combat counterfeit goods in China through Alibaba's "Blue Stars" platform.
Team · 2
Sectors & technology
Highlights
Tags
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | visualead.com/ |
|---|---|
| linkedin.com/company/2602981 | |
| facebook.com/visualead | |
| YouTube | youtube.com/channel/UCtawzxMzLwluqSZyTC4XuRQ |
Identifiers & details
| Former names | eyeconit |
|---|---|
| Founded | 2012-3 |
| Employees (exact) | 5 |
| Offices | Shanghai |
| Status reason | Acquired (Inactive) by Alibaba on Nov 2017 - closed due to acquisition |
Acquisitions & public offerings
Acquired by Alibaba 2017-11 $30.0M
Radar intelligence
GitHub
| Top repos | Augmentor, boilerplate-js-stack, imgaug, Mask_RCNN, image-inpainting |
|---|
Israeli Companies Registrar (רשם החברות / ICA)
| Registrar # (ח.פ.) | 514729391 |
|---|---|
| Status | מחוסלת מרצון — CLOSED |
| Corp type | ישראלית חברה פרטית |
| Incorporated | 2012-01-29 |
| Purpose | לעסוק בסוגי עיסוק שפורטו בתקנון |
| Liability | מוגבלת |
| In violation (unfiled) | no |
| Last annual report | 2016 |
| Active charges / liens | 0 |
| Registry events | 0 |
| Registered address | גלגל הפלדה 20 הרצליה |