EMMAs

Ogury raises $21m in funding round and hits $100m in revenues

Alyssa Clementi

Ogury, a London-based technology company focused on mobile journey market, has announced it has reached $100m in revenues, and raised $21m in a Series C funding round from existing investors. Last year, Ogury expanded into the German and Latin American markets, and was named the U.K’s 6th fastest-growing technology company, according the The Time’s Tech Track 100 for 2018.

Along with its major financial milestones, Ogury has also acquired Influans and Adincube, as well as appointing two new C-Suite employees - CTO Cedric Cardone and CMO Elie Kanaan. Cardone will focus on global product, operations and development initiatives, while Kanaan strengthens marketing strategy.

Ogury Mobile Journey Marketing (MJM) cloud combines consent management, data, insights, engagement and monetization technologies into one end-to-end integrated solution for both brands and publishers.

“Our expansion is indicative of the impressive impact our global momentum strategy has had on our business,” said Thomas Pasquet, co-founder and CEO of U.S, Ogury. “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. Momentum isn’t possible without a scalable solution.”

Founded in 2014, Ogury has grown to 280 employees globally, reached over 120 per cent year-over-year growth in global revenue, and more than doubled revenue each year since company inception. 

“2018 was also a record-breaking year for Ogury in the U.S as well," said Evan Rutchik, chief revenue officer, brands, U.S at Ogury. “Ogury offers our customers the most precious insights in the industry, informing both campaign success and business strategies. This unique (and GDPR compliant) first-party data allows them to understand their users beyond their own mobile ecosystem, and activate campaigns based on a complete user journey across mobile app and mobile web.”