App Annie and Distimo – two companies that have provided MMW with ample app analytics data over the years – are now one.
App Annie, the leading provider of app analytics and market data, has acquired Distimo.
The company also announced that it recently closed a significant $17 million round of funding.
“The addition of Distimo to the App Annie team brings together the best brains in the mobile app data space, helping App Annie to accelerate its product roadmap and keep developing the most advanced platform for analyzing the mobile app ecosystem,” the company announced. “This is App Annie’s first acquisition and was made with a combination of cash and equity at undisclosed terms.”
App Annie (together with Distimo), now has nearly 600,000 apps relying on their analytics platform with a total of nearly 270,000 registered business users.
“We started this company during the app ecosystem’s infancy and our mission has always been to provide our users and customers with the best metrics and insights to run their app business,” says Bertrand Schmitt, CEO of App Annie. “Having been a part of the mobile app ecosystem since its inception, this acquisition represents a major milestone in App Annie’s growth, and it allows us to accelerate our product roadmap. We look forward to integrating the talented Distimo team and are excited about what they can achieve within the App Annie fold.”