South Bend, IN, Sept. 1 (Korea Bizwire) — SIMBA Chain, the technology company that has eliminated the complexities of blockchain app development and reduced energy usage thus opening the door to a world of users, has closed a $25 million Series A funding round led by Valley Capital Partners. The round received additional participation from the Notre [...]
SEOUL, Aug. 18 (Korea Bizwire) — Danggeun Market Inc., the company behind South Korea’s popular online secondhand marketplace, said Wednesday it raised 179 billion won (US$153 million) in additional funding that puts its valuation at roughly 3 trillion won. The Seoul-based startup said it secured new funds from new investors DST Global, Aspex Management and [...]
NEW YORK, June 24 (Korea Bizwire) – JW Player, the leading video software and data insights platform, today announced it has raised $100M in Series E funding from LLR Partners. The latest investment comes on the heels of record video streaming growth and strong profitability during the previous 12 months. With this financing, JW Player will accelerate product [...]
SEOUL, June 23 (Korea Bizwire) — Viva Republica Inc., the operator of popular South Korean financial app Toss, said Wednesday it has raised 460 billion won (US$407.5 million) in its latest funding with a valuation at 8.2 trillion won. The latest funding boosts Viva Republica’s valuation by nearly three times since its previous funding in [...]
MILPITAS, Calif., June 22 (Korea Bizwire) – SafeAI, a global leader in autonomous heavy equipment, today announced $21 million in Series A funding led by Builders VC following a year of significant company growth. The new capital will be used to advance the company’s interoperable autonomous technology through accelerated research and development, and fuel global expansion to meet [...]
NEW YORK, June 15 (Korea Bizwire) – JOOR, the world’s leading digital wholesale platform for Luxury, Fashion and Home, today announced that it has raised $46M in Series D funding led by Macquarie Capital Principal Finance. Previous investors ITOCHU Corporation, Battery Ventures and Canaan Partners also participated. This capital raise will fuel the company’s investment in [...]
BOSTON, MA, May 20 (Korea Bizwire) – Wasabi, the hot cloud storage company, today announced $25 million in additional funding led by Prosperity7 Ventures, the diversified growth fund of Aramco Ventures. Western Digital Capital, the investment arm of storage device manufacturer Western Digital, also participated in the round. This round is an extension of Wasabi’s Series C financing announced in April, expanding [...]
Boston, MA, April 29 (Korea Bizwire) — Wasabi, the hot cloud storage company, today announced $112M in Series C funding led by Fidelity Management & Research Company with participation from existing investors. The round follows Wasabi’s $27.5M in debt financing announced in January. The C round brings Wasabi’s total equity financing to $219 million. The valuation of [...]
BOSTON, April 14 (Korea Bizwire) – HqO, the only tenant experience operating system for commercial office buildings, today announced it raised $60M in Series C funding from leading venture capital and commercial real estate firms. Previous investors Accomplice, Insight Partners, JLL Spark, Navitas Capital, DivcoWest, Allegion Ventures, and The Pagliuca Family Office participated in the round, joining new investors PruVen Capital, Cushman & Wakefield, [...]
PLEASANTON, Calif., April 13 (Korea Bizwire) — Upskilling platform Degreed has raised $153 million in Series D funding. The investment, which was co-led by Sapphire Ventures and Riverwood Capital, values the company at $1.4 billion. Dan Levin, former COO of Box (NYSE:BOX), will succeed Chris McCarthy as CEO of Degreed. McCarthy will remain in a [...]