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'The Israeli Sherlock Holmes': How a 7th grade project turned into a multi-million startup - Tech News

Get email notification for articles from Ruti Levy Follow May. 3, 2021 4:47 PM In late February, only one day after he’d signed a deal involving the sale of most of the shares of online genealogy platform MyHeritage to the private equity firm Francisco Partners for $650 million, Gilad Japhet was already immersed in another project. He was getting ready to launch a new tool that would animate the faces from old photos. He realized that such a technology would be met with mixed reactions, and thought that the launch should take place in a friendly environment, allowing it to go viral. The best place to launch such a feature, he believed, was the biggest annual genealogy conference in the world, called RootsTech.

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U.S. Private Equity Firm Acquires MyHeritage

U.S. Private Equity Firm Acquires MyHeritage
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A new family tree: MyHeritage acquired by Francisco Partners

Results for A new family tree: MyHeritage acquired by Francisco Partners In a surprising deal, Francisco Partners acquires the genealogy veteran MyHeritage, which helps millions around the world discover their ancestry. Yaneev Avital / 25 Feb 2021 • 3 min read MyHeritage, an Israeli startup that developed an online genealogy platform, is getting bought out by American private equity firm Francisco Partners. The companies have yet to report the sum of the acquisition, however, speculations put the deal in the half a billion neighborhood. Over 58 million family trees MyHeritage, which was founded in 2003, offers global users different options to discover and record family history. MyHeritage’s subscription based platform is currently available in 42 languages and helps support 62 million users worldwide, who have generated over 58 million ancestry

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MyHeritage to be Acquired by Leading Private Equity Firm Francisco Partners

MyHeritage to be Acquired by Leading Private Equity Firm Francisco Partners
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Francisco Partners to buy Israeli co MyHeritage

Francisco Partners to buy Israeli co MyHeritage
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