App Annie Closes $6M Series B Financing

App Annie, a Beijing, Hong Kong, Paris and San Francisco-based provider of app store analytics and market intelligence for the global app economy, has closed $6m in Series B financing.

The round was led by Greycroft Partners, with participation from a global network of investors, including e.ventures, Infinity Venture Partners, Kii Capital, angel investor Jarl Mohn and Series A lead investor IDG Capital Partners.

The company intends to use the funding to accelerate its product roadmap, its expansion into new app stores worldwide, and increase its presence within the U.S., China and Japan.

Led by Bertrand Schmitt, CEO, App Annie provides an app store data suite that provides app publishers, journalists, VCs, media companies and platform owners with insights into downloads, revenues, in-app purchase and ranking data across categories and geographies, as well as trend analysis across the iOS, Mac and Google Play app stores. In addition, its market data service, App Annie Intelligence, is used by software and hardware manufacturers such as Microsoft and Nokia, and iOS publishers.
App Annie currently has more than 30 employees and plans to increase that number within the next year, particularly in its San Francisco and Beijing offices.

FinSMEs

15/08/2012

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