Flurry Raises $25M, Eyes IPO
App advertising and analytics firm has raised $25 million in a fourth-round funding led by Crosslink Capital and including prior investors Draper Fisher Jurvetson, InterWest Partners, Union Square Ventures, First Round Capital and Draper Richards.
According to a GigaOm report, Flurry will use the financing to expand internationally into markets such as South Korea, Japan and Latin America next year. The company is also looking at an initial public offering in the second half of 2013, according to CEO Simon Khalaf. Flurry has raised a total of $51.6 million to date.