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NEWS2 January 2014

Answers.com buys ForeSee

M&A News North America

US — Answers.com has announced the purchase of customer analytics company ForeSee.

According to technology news site TechCrunch, Answers.com paid over $200m for ForeSee.

The news comes alongside the announcement that the Q&A platform has raised $300m in new funding in equity from existing investors. These include Summit Partners, TA Associates and AFCV.

“We’re excited about this new phase in our company,” said Larry Freed, CEO of ForeSee (pictured). “Combining with Answers provides ForeSee with a broader platform from which to continue our rapid growth.”

@RESEARCH LIVE

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