Asurion acquires VC-backed Israeli IT startup Soluto for up to $130 mln – TechCrunch

According to TechCrunch, Asurion, a provider of device insurance services in Kansas City, Missouri, has acquired Soluto. The site reports the value of the transaction to be between $100 million and $130 million. Based in Tel Aviv, Soluto is a provider of online software problem solutions. Its investors include Giza Venture Capital, Bessemer Venture Partners, Index Ventures, Proxima Ventures Ltd and Founder Collective.