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Flurry (company)

Flurry is an American mobile analytics, monetization, and advertising company founded in 2005. The company develops and markets a platform for analyzing consumer interactions with mobile applications, packages for marketers to advertise in-apps, as well as a service for applying monetization structures to mobile apps.[1] Flurry analyzes 150 billion app sessions per month.[1] The company's analytics platform tracks application sessions in iOS, Android, HTML5, and JavaME platforms.[2] Flurry has raised a total of $65 million in funding since its founding and in March 2014 announced that it would partner with Research Now to create a panel database on mobile users.[1][3][2] Flurry was acquired by Yahoo! on July 21, 2014, for somewhere between $200 and $300 million.[4][5][6]

History

Flurry was launched in 2005 by entrepreneurs Sean Byrnes, Dan Scholnick, and Gabriel Vanrenen. It first started as a premium mobile applications company, that grew mostly in the developing world. As the team realized that it would be hard to monetize through advertising in these markets, they decided to pivot into a universal analytics platform that all mobile apps could use.[7]

The Flurry analytics and advertising platform really started to take off with the advent of the iPhone, with its own App Store, and soon after Flurry became the de facto analytics platform for mobile apps.

Flurry also merged with a company called Pinch Media based in New York that was working on a similar product, and together they had almost 80% marketshare for mobile analytics.[8]

Services

Flurry Analytics

Flurry Analytics enables users to analyze consumer behavior through data observations.[9] The platform provides features for user segmentation, consumer funnels, and app portfolio analysis.[9] The user segments can be categorized by things like paying versus non-paying customers or light versus heavy users.[9] The platform's funnels measure customized consumer conversions and trending metrics,[10] while the portfolio analytics feature allows companies to manage entire portfolios of mobile applications with the ability to monitor data about overlap among applications as well as up-sell and cross-sell conversions.[9]

Flurry for Advertisers (formerly AppCircle)

Flurry utilizes data-sets gathered from its base of 1.3 billion monthly active devices to help brands and app marketers segment and reach their desired audience in apps.[11] Flurry for Advertisers uses information about app behavior and preferences to segment consumers into behavioral categories, called Personas, that advertisers can then reach with relevant messages about other apps or brand advertisements.[11][12][13]

Flurry for Publishers (formerly AppSpot)

Flurry for Publishers is a data-driven tool for generating advertising revenue through mobile applications.[14] The monetization platform provides features such as ad serving, network mediation, targeting, and, among others, reporting.[15][14] Flurry for Publishers also includes an auction-based real-time bidding marketplace which uses Flurry data to facilitate the buying and selling of advertising inventory based on an impression-by-impression basis.[16]

References

  1. Ha, Anthony. Flurry Raises Another $12.5M For Mobile Analytics And Advertising TechCrunch, 6 December 2013, retrieved 11 April 2014^
  2. Cutler, Kim-Mai. With Hints For An IPO, Mobile Analytics Startup Flurry Raises $25M From Crosslink TechCrunch, 2 November 2012, retrieved 11 April 2014^
  3. Bergen, Mark. Flurry Launches Service to Track Mobile App Users, Offline AdAge, 24 March 2014, retrieved 11 April 2014^
  4. Ingrid Lunden. Yahoo Buys Mobile Analytics Firm Flurry For North Of $200M TechCrunch, 21 July 2014, retrieved 21 July 2014^
  5. How the Yahoo acquisition saved Flurry from an uncertain fate (exclusive) VentureBeat, 2014-07-29, retrieved 2023-05-24^
  6. Yahoo Buying Startup Flurry for More Than $300 Million Bloomberg.com, 2014-07-22, retrieved 2023-05-24^
  7. Sean Byrnes. Genesis Stories: An Interview with Flurry Founder Sean Byrnes Thalamus, Thalamus Blog, retrieved 30 July 2015^
  8. Om Malik. App Analytics Startups Flurry & Pinch Media Merge GigaOm, retrieved 22 December 2009^
  9. Takahashi, Dean. Flurry releases new analytics features to improve monetization VentureBeat, 6 April 2012, retrieved 11 April 2014^
  10. Prestipino, Peter. Measuring Funnels with Flurry App Analytics Websitemagazine, retrieved 11 April 2014^
  11. Takahashi, Dean. Flurry launches AppCircle to help apps get discovered VentureBeat, 19 November 2009, retrieved 11 April 2014^
  12. O'Dell, Jolie. Flurry's AppCircle Makes Android Apps Easier to Find Mashable, 12 August 2010, retrieved 11 April 2014^
  13. Rowinski, Dan. Flurry Extends Its AppCircle Into Crowded Mobile App Engagement Market ReadWrite, 31 October 2011, retrieved 11 April 2014^
  14. Takahashi, Dean. A thousand mobile app publishers stampede to Flurry's AppSpot ad platform VentureBeat, 9 November 2012, retrieved 11 April 2014^
  15. Lomas, Natasha. Flurry Signs 1,000 App Publishers To AppSpot Mobile Ad Targeting Platform In ~Three Weeks, Average eCPM Of $5.80 For First 500 Apps TechCrunch, 9 November 2012, retrieved 11 April 2014^
  16. Takahashi, Dean. Flurry says its targeted ads increase user spending dramatically in mobile apps VentureBeat, 17 September 2013, retrieved 11 April 2014^