BENGALURU: Mobile analytics company App Annie is firming plans to open an office in India by the end of the year, to further entrench itself in the country’s fast-growing startup ecosystem. “India is a huge market after China – it is in a gold rush right now in terms of startup investment,” Junde Yu, vice president-Asia-Pacific at App Annie, told ET. “We want to provide local support in a lot of Indian languages and adopt our local sales strategy.”
Sino-US startup App Annie, an app analytics service for developers, revealed today that it has secured US$55 million in series D funding. The investment eclipses the previous US$17 million round in May 2014, which was accompanied by news that it had acquired competitor Distimo for an undisclosed sum. App Annie’s newest input comes from Institutional Venture Partners (IVP), with participation from existing investors Sequoia Capital, Greycroft Partners, and IDG Capital Partners.
We’re now precisely three weeks away from the kick-off of Startup Asia Tokyo 2014 , our first ever Japan conference, on September 3 and 4. Amidst all the opportunities for networking, there’ll also be plenty of insights and chances to learn. For app developers and startups of all sizes, Yuji Kuwamizu (pictured below), the Japan GM at App Annie, will present a keynote (in English) on the subject of Japan and worldwide app trends. His presentation will be on the afternoon of the first day.