• by Tobi Elkin  @tobielkin, January 14, 2016

App Annie, the mobile app data and insights provider, on Thursday announced that it had closed $63 million in a Series E funding round and added a new board member. The funding round was led by Greenspring Associates with additional participation from existing investors e.Ventures, Greycroft Partners, Institutional Venture Partners (IVP) and Sequoia Capital.

App Annie said it will use the cash infusion to improve and expand upon its product suite and global business operations. In the release, Bertrand Schmitt, co-founder and CEO, said: “It is clear to everyone now that apps are eating the Web."

The announcement also included the addition of a new board member: NetSuite CEO Zach Nelson. App Annie was recently ranked 10th on Deloitte’s 2015 Technology Fast 500 list, posting 5,383 percent revenue growth from 2011 to 2014. The company said it has about 425 employees in 15 international offices.