Multi-million pound funding pushes North London tech company to $100m revenue milestone
North London tech company Ogury has achieved a nine-figure revenue milestone after raising $21m (c.£16.2m) in Series C funding.
The multi-million pound boost, which came from the firm’s existing investors in April and July last year, helped to propell Ogury past the $100m revenue mark for the first time in 2018.
Founded in 2014, the company now employs 280 people across its Highbury HQ and six global offices.
Ogury’s offering focuses on mobile journey marketing, or MJM – a new discipline enabling organisations to better understand the entire mobile user journey and market across it.
Since its inception, Ogury has more than doubled revenues every year and expanded into overseas markets including Germany, Latin America and the US.
The company recently acquired marketing personalisation platform Influans and mobile revenue optimisation tech firm Adincube, in addition to strengthening its leadership team with the appointment of CTO Cedric Cardone and CMO Elie Kanaan.
Co-founder Thomas Pasquet, CEO of USA at Ogury, said: “Our expansion is indicative of the impressive impact our global momentum strategy has had on our business.
“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.”
He added: “Momentum isn’t possible without a scalable solution.”