App sales analytics firm secures €1.5m investment

The Next Web broke the news, later confirmed in an official announcement. The money comes from CRIF, an information services and data processing company.

CRIF has subscribed to a reserve capital increase which will see it take an initial 25% stake in Mopapp with the option to increase its position to 40% within six months.

Mopapp, which was founded last year by Alessandro Rizzoli, Marco Bellinaso and Frederico Sita, provides a sales monitoring service for apps on the Apple, Amazon, Android, Blackberry and Windows Phone marketplaces, among others.

Since launch it has analysed sales figures, ratings and reviews for more than 12,000 applications downloaded by over 350 million people worldwide.