AAA GV-backed Apptimize docks at Airship

GV-backed Apptimize docks at Airship

Customer engagement company Airship has acquired Apptimize, a US-based app testing platform developer backed by internet and technology conglomerate Alphabet, for an undisclosed sum.

Apptimize has built a software platform where developers and marketing teams can A/B test mobile apps, websites and over-the-top media services. It has attracted more than 100 clients to date.

The technology is expected to complement Airship’s messaging platform and create a unified product that clients can use to increase customer engagement, loyalty and revenue.

GV, the early-stage corporate venturing subsidiary of Alphabet then known as Google Ventures, participated in Apptimize’s $2.1m seed round in 2014 alongside 27 other investors including Merus Capital and XG Ventures.

Costanoa Venture Capital led a $4m series A round for the company the following year, before it closed a $12.4m series B round led by US Venture Partners and backed by Glynn Capital Management, Goldcrest Investments, Western Technology Investments, Twin Gables and Ken Ross in 2016.

By Thierry Heles

Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.

Leave a comment

Your email address will not be published. Required fields are marked *