Urban Airship Secures $25M in Funding

Urban Airship, a Portland, Oregon-based provider of mobile push messaging solutions that build relationships with connected consumers, secured $25m in funding.

The round, which brings the total raised by Urban Airship to $46.6m, was led by August Capital with participation from existing investors Foundry Group, Intel Capital, True Ventures and Verizon. In conjunction with the funding, August Capital’s co-founder and and partner John Johnston joined Urban Airship’s Board of Directors.

The company, which recently acquired Tello, Inc.’s PassTools, intends to use the capital to advance its platforms, capitalize on digital wallet and Apple┬« Passbook┬« opportunities, and expand internationally.

Led by Scott Kveton, co-founder and CEO, Urban Airship provides services that streamline delivering targeted, cross-platform mobile push messages and Apple Passbook passes.
Customers include brands such as CBS Interactive, ESPN, Groupon, shopkick, Walgreens, Warner Bros. and Waze.

FinSMEs

06/02/2013

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