Home Business NewsBusinessBusiness Growth News Tech firm Ogury reaches $100m revenue

Tech firm Ogury reaches $100m revenue

by LLB Reporter
7th Feb 19 3:58 pm

Ogury a technology company specialised in mobile journey marketing, announces today that it reached the $100m revenue milestone in 2018. Ogury also announces that it has raised $21m in a Series C funding round from existing investors.

This Series C, as well as the major revenue milestone, further proves Ogury’s commitment to expand globally as a major technology leader specialising in mobile journey marketing. Ogury, which was only founded in 2014, recently completed the acquisitions of Influans and Adincube, while also appointing Cedric Cardone as the new CTO. Cedric will lead Ogury’s product, operations and development initiatives across the globe – this strengthening of the Ogury C-Suite follows the appointment of Elie Kanaan as CMO in February last year.

Ogury is the Mobile Journey Marketing (MJM) market leader. MJM is a new discipline of marketing that enables organisations to understand the entire mobile user journey, and to market across it.Ogury MJM Cloud unifies consent management, data, insights, engagement and monetization technologies into one end-to-end integrated solution for brands and publishers.

Co-founder and CEO of USA, Thomas Pasquet 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. Momentum isn’t possible without a scalable solution.”

This announcement points to Ogury’s continuous delivery of unique business value to its clients, establishing it as a leading global technology company. Ogury’s purpose-built intelligent technology is GDPR compliant by design and has been since the firm’s inception.

With Ogury’s expanding capabilities and steadily growing global client base, scalable business growth has been established across the board:

  • Growth to 280 employees globally; more than 75% year-over-year growth.
  • Over 120% year over year growth in global revenue.
  • More than doubled revenue every year since company inception in 2014.
  • Increased global footprint in new markets, including Germany and Latin America.

Evan Rutchik, chief revenue Officer, Brands, USA at Ogury said, “2018 was also a record-breaking year for Ogury in the US as well.

“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.”

Ogury is headquartered in Highbury, North London.The company was recently ranked sixth in the 18th annual Sunday Times Hiscox Tech Track 100, which looks at technology companies with the fastest growing-sales in the UK technology, media and telecoms (TMT) sectors. Ogury entered the US market in September 2016 with the launch of its sixth global office in New York City.

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