In what can be termed as a great development in the Indian Startup scene, Social Media behemoth Facebook has acquired Bangalore based startup Little Eye Labs. Little Eye Labs was founded about a year ago and has backing from GSF and VenturEast Tenet Fund. Little Eye builds mobile app analysis tools for app developers and testers and is currently targeted towards Android platform. These tools provide detailed insights about the behavior of the app, enabling easy benchmarking and optimization of resources and the official version of the app was released in April last year.
Post the acquisition, the entire Little Eye Labs team will move to Facebook’s headquarters in Menlo Park, California. Here are the excerpts from the update posted on their website:
“Today, we’re very excited to announce that Facebook is acquiring our company. 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.”
A hearty congratulations to the Little Eye Team from Startup IT.