Venture capitalists invest $15 million in App Annie

09/18/2013 | TechCrunch

App Annie's improvements to its mobile applications analytics service have paid off in new investor confidence, reaping a funding round of $15 million, Sarah Perez writes. Earlier in the summer, the company added daily estimates for downloads and revenues as well as Web-based access, leading to a doubling of its user base and tripling of its revenue in the last year. "Developers have voted with their feet, and 300,000 apps rely on App Annie Analytics every day," says Sequoia Capital's Tim Lee, who just joined App Annie's board of directors.

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