To capitalize on this windfall, the analytics firm is expanding its marketing services.
Officially
launching on Tuesday, App Annie’s new Marketing Intelligence initiative aims to help clients improve app discovery, user acquisition and ad monetization efforts.
“Marketing
Intelligence allows our clients to benchmark and execute well-informed, efficient user acquisition strategies to better scale their app businesses,” according to Bertrand Schmitt, co-founder and
CEO of App Annie.
Headquartered in San Francisco, App Annie has enlarged its service offerings with an aggressive mergers and acquisitions strategy.
In March, it bought app
marketing data firm AppScotch. Financial terms of the deal were not disclosed, but AppScotch had previously raised about $1 million in seed funding.
In 2014, it picked up rival app marketing
firm Distimo. More recently, it bought app data provider Mobidia, last
year.
App Annie has more than enough money to be picking off these smallish startups. At the beginning of the year, it raised $63 million in Series E funding in “mostly equity” and
debt.
All told, App Annie has received $157 million in financing from investors., such as e.ventures, Greenspring Associates, Greycroft Partners, IDG Capital Partners, Institutional
Venture Partners and Sequoia Capital.
Among other services, App Annie makes market data products that tracking revenues, downloads, advertising, user metrics and consumer engagement.