INSUBCONTINENT EXCLUSIVE:
Urban Airship has raised $25 million in Series F funding.The company started out as a platform supporting push notifications, but has since
expanded to include other marketing channels like email, SMS, mobile wallets and voice assistants
The goal is to be the platform managing messaging and unifying customer data across all these channels.Altogether, Urban Airship said
it’s now delivered more than two trillion messages, doubling the number from a year ago.Recent product additions include voice
notifications on Amazon Alexa (which is still in beta testing) and automated in-app messaging. The company has signed up new enterprise
customers like AMC, Harley Davidson and Sonos.This funding was led by Foundry Group (which previously led the company’s Series B), with
participation from True Ventures, August Capital, Intel Capital, Verizon Ventures, QuestMark Partners and Franklin Park Associates.Brett
Caine, who joined as CEO in 2014, said Urban Airship is currently breaking even, and he described this as “the first time in the eight
years of the company where we’re raising money when we didn’t need it.”So then why raise again Caine said he sees “a lot of
opportunity to grow and continue to expand globally and certainly look at the broad set of channels emerging in the market.”“Instead of
saying, ‘Oh gosh, we’ve gotta go out and raise money,’ and it was, ‘Let’s raise money to go faster,'” he added.In addition to
the growth of new marketing channels, Caine said growing discussion and regulation around online privacy serve as “wind shifts” in the
company’s favor — because Urban Airship is focused on helping marketers use their own data to communicate directly with customers who
have opted in to hearing from them.“We’ve been opt-in, first-party from day one,” Caine said
“All of digital channels that we want to power, they only use first-party data
We don’t do anything with third-party, we don’t do any advertising.”Urban Airship has now raised more than $100 million in total
funding, according to Crunchbase.
