Mobile app analytics and monitoring platform App Annie has acquired Distimo, a fast-growing company in the mobile analytics space. The acquisition will see the launch and development of new features, platforms and products that will allow users to deepen the analysis of their apps and their marketplace.
As part of the acquisition, Distimo’s founders will take key roles within the App Annie team, and their Netherlands headquarters will become the company’s European R&D center. The Distimo team will be integrated into App Annie’s global offices, bringing App Annie to a total size of 240 employees worldwide.
In addition to the acquisition, App Annie has raised a $17 million inside round of funding from its existing investors IDG Capital Partners, Greycroft Partners, and Sequoia Capital. This brings App Annie’s total money raised to $39 million, which is being used in part to fund this acquisition and a multitude of different things including product development, marketing and market development