Japanese quiz app BrainWars snags $2.8 million in funding from Line and...

Japanese quiz app BrainWars snags $2.8 million in funding from Line and others

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The Translimit team

See the original story in Japanese.

Tokyo-based TransLimit, the startup that develops social quiz app BrainWars, announced on Thursday that it has fundraised 300 million yen (approximately $2.8 million) form Line Ventures, United, East Ventures, Skyland Ventures, and Genuine Startups. Line Ventures is a subsidiary of messaging company Line, focused on managing a $10 million investment fund called ‘Line Game Global Gateway.’ After start-up in August, the fund has already invested in Japanese gaming company Gumi as its first portfolio company.

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As for BrainWars, during the five months following its launch on May 14, over 3 million downloads of the app from across the world have taken place.

Coinciding with this announcement, TransLimit secured a partnership with Line and will “line up” a new game title using the Line user base. The gaming company also unveiled a planned development of a smartphone media business with United, another investor in this round.

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Line’s CSMO Jun Masda unveils their investment in Translimit at Line Conference Tokyo 2014.