PredictionIO: Salesforce buys Palo Alto-based alumnus of StartX, 500 Startups

Salesforce has acquired PredictionIO, the alumnus of both the 500 Startups and Stanford-affiliated StartX accelerator programs announced in a blog on Friday. Terms of the deal weren't disclosed. The Palo Alto startup was founded by four Stanford students and led by CEO Simon Chan. It raised about $2.5 million from investors who included Quest Venture Partners, which led its seed funding round. "Over the past few years, we've been on a mission to scale and simplify development of machine learning...