Ogury has disclosed that it raised a $21 million in venture capital last year as the London-based startup continues to expand its cloud-based mobile marketing service.
The company has now raised more than $63 million in venture capital. The money, raised as part of a series C round last April and July, was disclosed part of a revenue milestone annoucmeent. Ogury reported that it had revenues of more than $100 million in 2018, up 120 percent from 2017.
Founded in 2014, the company is focused on what it describes as “mobile journey marketing.” Its MJM Cloud centralizes tasks such as managing user consent, gathering and analyzing data, and tracking monetization.
“Our expansion is indicative of the impressive impact our global momentum strategy has had on our business,” said cofounder and CEO (U.S.) Thomas Pasquet in a statement. “Ogury’s robust and scalable dataset closes the mobile journey data gap and provides our customers with a simple consent, data, insights, and activation solution — all while providing transparency and control to the user.”
The company now has 280 employees worldwide and says it is working with 900 brands and 3,500 publishers.