App Annie, a San Francisco, CA-based mobile app data and insights platform, raised $63m in Series E equity funding.
The round was led by Greenspring Associates with participation from existing investors e.Ventures, Greycroft Partners, Institutional Venture Partners (IVP) and Sequoia Capital. In addition to the funding, NetSuite (NYSE: N)’s CEO Zach Nelson joined App Annie’s Board of Directors.
The company, which has raised $157 million in financing to date, intends to use the funds to expand its suite of products, and further scale global business operations.
Led by Bertrand Schmitt, co-founder and CEO, App Annie provides an app data and insights platform, which is used by more than 1 million apps to track their performance and inform critical business decisions. The company has 425 employees across 15 global offices.
FinSMEs
14/01/2016