Investment will continue to fuel global growth and expansion of market-leader position in mobile engagement and relationship-building solutions
PORTLAND, Ore. – October 22, 2014 – Urban Airship, the global leader in Mobile Relationship Management, today announced it has completed the closing of $12.1 million in Series D follow-on financing from primary insiders including True Ventures, Foundry Group and August Capital. Today’s investment brings the total raised by Urban Airship to $58.7 million.
The new funding will enable Urban Airship to accelerate already rapid growth as the market leader in mobile app engagement and drive new global growth initiatives.
“Having just come on board Urban Airship as CEO, I’m pleased to see the board and our primary investors continue to invest in our future growth. We are dedicated to helping businesses mobilize their most important relationships,” said Brett Caine, CEO and president, Urban Airship. “This additional funding validates our focus on offering unparalleled mobile expertise and technology to help companies maximize what are their biggest and most strategic growth opportunities today.”
About Urban Airship
Urban Airship enables brands to build relationships with their constantly connected customers through Mobile Relationship Management. Its solutions streamline the creation, delivery and management of highly targeted cross-platform mobile push messages, in-app messages, rich app pages, Apple Passbook passes and Google Wallet cards. With billions of messages and tens of thousands of passes delivered each month, Urban Airship’s technology sparks exceptional consumer experiences, drives app engagement and increases customer loyalty and lifetime value for the world’s largest retail, media & entertainment, sports and travel & hospitality brands. For more information, visit www.urbanairship.com and follow us on Twitter @urbanairship.