Dell acquires AI data-infrastructure startup Dataloop in $120 million all-cash deal
The acquisition deepens Dell’s push into enterprise AI infrastructure and data services.
Dell Technologies is acquiring the Israeli company Dataloop AI for $120 million in an all-cash deal, Calcalist has learned. The deal marks a significant strategic step for the American computing giant, which in recent years has expanded its investments in artificial intelligence and is building end-to-end AI infrastructure solutions for corporate customers.
Dataloop has developed a platform for managing, labeling, and processing unstructured data used to train artificial intelligence models. Its technology helps organizations build efficient workflows for handling complex data and create information architectures suited to an era in which large-scale models require vast amounts of organized, labeled, and easily accessible datasets. For Dell, integrating such capabilities could immediately bolster the suite of tools and services it offers in the AI domain and add a critical layer for managing data, the backbone of any enterprise AI initiative.
Dataloop was founded in 2017 by Eran Shlomo, Avi Yashar, and Nir Buschi and operates out of Herzliya. To date, the company has raised approximately $50 million from investors including NGP Capital, Alpha Wave Global, and Israeli funds such as F2 Venture Capital, OurCrowd and Amiti Ventures.
As of last year, Dataloop collaborated with a diverse array of clients spanning multiple sectors, including, Vimeo, Rentokil, UVeye, Taranis, Pixellot, Syngenta, and Brunswick as well as the world's largest car manufacturers. At the time it employed over 80 people.
