19 Jan 2023
Scaleworks, the B2B SaaS-focused venture equity firm based in San Antonio, Texas, has acquired Import.io, the leading web data extraction provider for enterprises.
Import.io simplifies and streamlines the data collection process with technology and expertise to deliver web data at scale. With thousands of website feeds collecting over half a trillion data points per month, Import.io powers the analytics capabilities of the world’s most recognized brands. Import.io, founded in London, UK in 2012, was featured on the 2020 Inc. 5000 list of fastest-growing companies with three-year revenue growth of 640%.
Extracting web data at scale is extremely difficult. Gathering meaningful insights from the web involves extracting and structuring data from an ever-changing, infinitely variable source, requiring a substantial investment of resources to maintain.
Paul Lynch, who has previously served as CEO of Chargify and Assembla (former Scaleworks investments) has been appointed CEO, replacing longtime CEO Gary Read.
Commenting on his appointment, Lynch said: “I am incredibly excited to join Import.io and am eager to build upon the strong technical foundation and reputation that the team has created. Import.io has demonstrated consistently over the last number of years that we offer the best technology tools to our customers and prove time and again that we can solve the most complex web data extraction problems.
“This is an exciting acquisition for Scaleworks and an excellent addition to our portfolio. Import.io provides critical services to its customers and has an excellent technology pedigree,” commented Ed Byrne, General Partner of Scaleworks.
“We look forward to working alongside the Import.io team and its CEO Paul Lynch in this next phase of the company’s expansion.”
ICON Corporate Finance advised Import.io in its sale to Scaleworks.