Neither party disclosed the transaction amount.
- ServiceNow, a US IT automation service developer, has acquired FriendlyData, a start-up company in Belarus. Neither party disclosed the transaction amount.
- FriendlyData has developed a technology to instantly access the company’s database through a natural language interface. The system parses the query in natural language, converts the query into SQL and provides the necessary information.
- “Together with ServiceNow, we will be able to use the resources and data of a multinational company to take this technology to a new level and make it available to thousands of companies around the world,” FriendlyData co-founder and responsible Said Mikhail Rumyantsev.
- FriendlyData was founded in 2016. In 2017, the team was selected as an international accelerator 500 Startups and received US$150,000. Starta Ventures, TMT Investments, Bulba Ventures and other investors also invested in this startup.
- ServiceNow develops programs for the automation of business processes in large organizations. In 2018, ServiceNow was ranked among the 100 most innovative companies in the world by Forbes. The company has more than 4,000 customers, and its revenue in 2017 increased by 39% to 1.9 billion U.S. dollars. ServiceNow has a market value of 30 billion U.S. dollars.
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