App Annie, a China-based analytics service for mobile device applications, has both made its first acquisition, and raised $17m in its series D round.
Existing investors IDG Capital Partners, the corporate venturing unit of publisher International Data Group, Sequoia Capital’s US fund, and venture capital firm Greycroft Partners provided the money, which in part will be used for the acquisition.
App Annie acquired Distimo, a mobile analytics company, for an undisclosed amount of cash and stock, and Distimo’s Netherlands headquarters will now become App Annie’s European research and development centre.
VC firm Wellington was the sole backer in Distimo’s $1m seed investment round, which closed earlier this month.
App Annie has raised $39m in total, closing a $15m round of funding led by Sequoia, IDG, Greycroft and VC peer E.Ventures (spun off from Germany-based publisher Bertelsmann) and Infinity Venture Partners in September 2013.
Previously, in August 2012, App Annie raised $6m in its series B round from a consortium including IDG Capital Partners alongside VC firms Greycroft Partners, E.ventures, Infinity Venture Partners, Kii Capital and angel investor Jarl Mohan.