Data Analytics Firm AppsFlyer Raises $56 Million From Qumra Capital, 3 others
AppsFlyer, a marketing data analytics firm, has raised USD 56 million (about Rs 381 crore) in latest round of funding. This was led by new investors Qumra Capital, Goldman Sachs Private Capital Investing, Deutsche Telekom Capital Partners (DTCP) and Pitango Growth. The existing investors Magma Venture Partners, Pitango Venture Capital and Eight Roads Ventures also participated in the round.
The series C financing brings the company's total funding to USD 84 million. "Having grown revenues by 500 per cent and staff from 40 to 240 people across 12 global offices in two years, the company will invest in the enhancement of its products to help even more marketers measure every engagement with their target audiences," AppsFlyer said in a statement.
Qumra Capital partner Boaz Dinte has jo...