App Annie, a San Francisco, CA-based business intelligence and market data platform for the app economy, closed a $15m funding.
The round was led by Sequoia Capital‘s US fund, with participation from existing investors IDG Capital Partners, Greycroft Partners, e.ventures and Infinity Venture Partners. In conjunction with the funding, Tim Lee, Partner at Sequoia Capital’s Silicon Valley office, and Alan Gould, CEO of uSamp, will be joining App Annie’s Board of Directors.
The company intends to use the funds to accelerate product development, grow sales and marketing headquarters in San Francisco and expand its global offices across Asia and Europe.
Led by Bertrand Schmitt, CEO, App Annie provides a business intelligence and market data platform to track app downloads, revenues, rankings and reviews.
The company has more than 110 employees with offices in San Francisco, Beijing, Hong Kong, London, Seoul, and Tokyo.