Embrace secures $20M funding to enhance developers’ mobile game and app creation

Date:

Embrace, a company based in Culver City, California, has raised $20 million in funding to help mobile developers build better games and apps. The funding round was led by NEA, with participation from Greycroft, AV8 (Allianz), and Eniac. Embrace offers a suite of tools that give mobile developers insight into the various variables that shape each end-user’s mobile experience, allowing them to identify and prioritize issues. The company’s CEO, Eric Futoran, previously co-founded Scopely, which was acquired for $4.9 billion this year. Embrace will use the funding to drive product innovation and continue helping mobile teams create exceptional user experiences. The company has already attracted prestigious clients such as The New York Times, Yum Brands, Discover, Marriott, and Yahoo. Embrace has doubled its employee headcount in the past 18 months and now has offices in Palo Alto, Buenos Aires, and London. With the mobile app market rapidly growing, Embrace aims to bridge the gap between what observability providers are delivering and what mobile engineers need to delight their users.

See also  Bay Area Innovation Thrives Amid Housing Crisis and Capital Diversification

Frequently Asked Questions (FAQs) Related to the Above News

What does Embrace do?

Embrace offers a suite of tools that provide mobile developers with insight into end-users' mobile experiences, helping them identify and prioritize issues to improve their games and apps.

How much funding did Embrace secure?

Embrace raised $20 million in funding.

Who led the funding round?

The funding round was led by NEA (New Enterprise Associates).

Which other companies participated in the funding round?

Greycroft, AV8 (Allianz), and Eniac also participated in the funding round.

What does Embrace plan to do with the funding?

Embrace intends to use the funding to drive product innovation and continue assisting mobile teams in creating exceptional user experiences.

Who is the CEO of Embrace?

The CEO of Embrace is Eric Futoran, who previously co-founded Scopely.

Which notable clients has Embrace attracted?

Embrace has already attracted prestigious clients such as The New York Times, Yum Brands, Discover, Marriott, and Yahoo.

How has Embrace's employee headcount changed in the past 18 months?

Embrace has doubled its employee headcount in the past 18 months.

Where are Embrace's offices located?

Embrace has offices in Culver City (California), Palo Alto, Buenos Aires, and London.

What is Embrace's goal in the mobile app market?

Embrace aims to bridge the gap between what observability providers currently deliver and what mobile engineers need to deliver delightful user experiences for their mobile apps.

Please note that the FAQs provided on this page are based on the news article published. While we strive to provide accurate and up-to-date information, it is always recommended to consult relevant authorities or professionals before making any decisions or taking action based on the FAQs or the news article.

Advait Gupta
Advait Gupta
Advait is our expert writer and manager for the Artificial Intelligence category. His passion for AI research and its advancements drives him to deliver in-depth articles that explore the frontiers of this rapidly evolving field. Advait's articles delve into the latest breakthroughs, trends, and ethical considerations, keeping readers at the forefront of AI knowledge.

Share post:

Subscribe

Popular

More like this
Related

Obama’s Techno-Optimism Shifts as Democrats Navigate Changing Tech Landscape

Explore the evolution of tech policy from Obama's optimism to Harris's vision at the Democratic National Convention. What's next for Democrats in tech?

Tech Evolution: From Obama’s Optimism to Harris’s Vision

Explore the evolution of tech policy from Obama's optimism to Harris's vision at the Democratic National Convention. What's next for Democrats in tech?

Tonix Pharmaceuticals TNXP Shares Fall 14.61% After Q2 Earnings Report

Tonix Pharmaceuticals TNXP shares decline 14.61% post-Q2 earnings report. Evaluate investment strategy based on company updates and market dynamics.

The Future of Good Jobs: Why College Degrees are Essential through 2031

Discover the future of good jobs through 2031 and why college degrees are essential. Learn more about job projections and AI's influence.