Facebook buys VC-backed Little Eye Labs
Within 19 months of starting-up, Bangalore-based Little Eye Labs was snapped up by Facebook to take the social network’s mobile development to the next level. Little Eye Labs was also in talks with Twitter, but Facebook ended up offering a better deal. The team will now relocate to the US firm’s headquarters in California.
While the price paid by Facebook for its first Indian acquisition has not been disclosed, it is reported to be $10-15 million. Little Eye's software provides mobile app performance analysis and monitoring...
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