Flurry Receives $25m of Investment

App measurement and ad platform Flurry has received $25m in an oversubscribed Series D round of financing.

The funding was led by Crosslink Capital, which is also an investor in music service Pandora, and Crosslink partner Nick Mignano will be joining Flurry’s board of directors.

Other companies which have reinvested in Flurry are Menlo Ventures, Draper Fisher Jurvetson, InterWest Partners, Union Square Ventures, First Round Capital and Draper Richards – bringing the company’s total funding to $51.6m.

Flurry says it will use the financing to accelerate adoption of its Flurry AppSpot and Ad Analytics platforms, as well as growing its team and expanding internationally.

Following the news, rumours are circulating that Flurry might be heading for an IPO. A spokesperson for Flurry told us: “Flurry is focused on investing in the business and continuing to scale it. We have made no decisions around the possibility of making a public offering.”