Oxylabs Group Acquires ScrapingBee
The web scraping API provider will continue functioning as a separate company.
- Published:
Oxylabs, the Lithuanian provider of web data extraction tools and services, has announced the acquisition of ScrapingBee, a web scraping API service based in France.
The acquisition involved an eight-figure sum, financed from the acquirer’s internal resources.
According to Oxylabs’ company group Chief Financial Officer:
ScrapingBee has built a stellar reputation for its high-quality, easy-to-use web scraping product. With our expertise and technical capabilities, we are confident that ScrapingBee will scale even further. This acquisition also enables us to strengthen our position within the web scraping industry, as we are adding a leading direct-to-consumer product to our portfolio.
To quote ScrapingBee’s founders:
From a passion project to a fast-growing company, ScrapingBee has exceeded our expectations. Joining forces with an industry leader with deep expertise and a shared vision opens up exciting opportunities for our team and customers. Together, we're set to push the boundaries of what's possible in the web scraping industry.
ScrapingBee will continue functioning as a separate entity. According to the announcement, Oxylabs plans to gradually integrate ScrapingBee into its broader ecosystem.
ScrapingBee was started in 2019 by two founders, Kevin Sahin and Pierre de Wulf. The company was mostly bootstrapped, scaling to over 2,500 customers and $5 million annual recurring revenue with a team of six.
