Mobile data firm App Annie raises $17m and acquires Distimo

Mobile data firm App Annie raises $17m and acquires Distimo
Craig Chapple

By Craig Chapple

May 28th 2014 at 5:10PM

Total investment in company reaches $39m

Analytics provider App Annie has acquired mobile data firm Distimo.

The latter company's products will now be integrated into the App Annie platform and current users will have their data transferred over to the new service.

As part of the deal, Distimo’s Netherlands HQ will now become App Annie’s European R&D centre.

Together the two firms now provide data for nearly 600,000 apps and have just under 270,000 registered users.

As well as purchasing one of its data rivals, App Annie has also raised $17m in funding from existing investors IDG Capital Partners, Greycroft and Sequoia Capital.

To date, the analytics company has raised $39 million.