THE BRIDGE

Masaru Ikeda

Masaru Ikeda

Masaru started his career as a programmer/engineer, and previously co-founded several system integration companies and consulting firms. He’s been traveling around Silicon Valley and Asia exploring the IT industry, and he also curates event updates for the Tokyo edition of Startup Digest.

Articles

ConnectFree fundraises for making everything around you connected with a tiny chip

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See also the original story in Japanese. Japan-based American serial entrepreneur Kristopher Tate has developed many web services to date. I’ve used many of them including AM6 (morning news delivery service co-developed with Beatrobo co-founder Hiroshi Asaeda) and t.free (tether enabling service for tether-free smartphone handsets without requiring jailbreak). These services have shut down due to some reasons. Kristopher subsequently moved to Kyoto, so I’ve been curious about his next product launch. And we have a news update about him. ConnectFree, the startup that Kristopher has been running, announced today that it has fundraised from Japanese VC firm East Ventures. Details of the investment have not yet been disclosed but he will use the funds raised to disrupt the IoT (Internet of Things) space. We’ve seen several different approaches aimed at motivating people to develop more connected devices by eliminating obstacles. A big problem is that many software engineers are not familiar with how to develop hardware devices. Our readers may recall that London-based Berg has unveiled such a service to accelerate the IoT space where software and hardware products intersect. Kristopher told us what differentiates his project from other solutions like Berg, despite the fact that his project is…

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See also the original story in Japanese.

Japan-based American serial entrepreneur Kristopher Tate has developed many web services to date. I’ve used many of them including AM6 (morning news delivery service co-developed with Beatrobo co-founder Hiroshi Asaeda) and t.free (tether enabling service for tether-free smartphone handsets without requiring jailbreak). These services have shut down due to some reasons. Kristopher subsequently moved to Kyoto, so I’ve been curious about his next product launch.

Kristopher Tate
Kristopher Tate

And we have a news update about him. ConnectFree, the startup that Kristopher has been running, announced today that it has fundraised from Japanese VC firm East Ventures. Details of the investment have not yet been disclosed but he will use the funds raised to disrupt the IoT (Internet of Things) space.

We’ve seen several different approaches aimed at motivating people to develop more connected devices by eliminating obstacles. A big problem is that many software engineers are not familiar with how to develop hardware devices. Our readers may recall that London-based Berg has unveiled such a service to accelerate the IoT space where software and hardware products intersect.

Kristopher told us what differentiates his project from other solutions like Berg, despite the fact that his project is in stealth mode:

Berg uses their cloud-based technology to absorb what typical hardware startups are not good at. But we will take a different way because that approach cannot guarantee the sustainability and the security level of your service since it’s dependent on the cloud. We will develop a chip to be embedded in your device so that it can guarantee an end-to-end secure communication between your device and your web-based system.

Similarly to browsing SSL-enabled websites using a proxy server, if you use the cloud to connect your device with your web service, it cannot guarantee a secured communication between the both sides with each other. But this approach has been a usual tactic to ease the development of connected devices, where it is difficult for convenience and high security to co-exist.

In my recent discussion with our IoT-focused contributor Yasunori Okajima, he told me that security issues in the IoT space have not received much attention, but he believes there are huge opportunities out there. We have no idea how Kristopher will make it all possible with only a tiny chip, but he can definitely make it happen with a great idea, which the average person like me can never come up with.

Japanese business reporting tool Gamba fundraises $400,000

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See the original story in Japanese. Yokohama-based Gamba, the startup that provides business reporting tool under the same name, announced today it has raised 40 million yen (about $400,000) from two Japanese investment firms; East Ventures and Skyland Ventures. This follows their previous funding of $200,000 from Skyland Ventures back in October 2013. Gamba was launched back in December 2012 by Masahiro Morita, who previously worked for Japanese e-commerce company Rakuten as a business development producer. Gamba recently partnered with Japanese internet company Nifty, where Gamba’s cloud-based reporting tool was added to the series of Nifty’s business software packages called Hakokura, which is sold at more than 17,000 computer stores nationwide in Japan with the aim to give internet-unfamiliar SME owners more opportunities to learn and try a variety of cloud-based services. Gamba is in talks with other companies to create more sales channels to users they have not yet reached. From my point of view, most companies using cloud-based services typically have their CEOs or operations managers who are early adopters. However, startups have to reach late adopters as well in order to build a bigger user base. Thus, if you have developed an awesome service but are struggling…

get-gamba

See the original story in Japanese.

Yokohama-based Gamba, the startup that provides business reporting tool under the same name, announced today it has raised 40 million yen (about $400,000) from two Japanese investment firms; East Ventures and Skyland Ventures. This follows their previous funding of $200,000 from Skyland Ventures back in October 2013.

Gamba was launched back in December 2012 by Masahiro Morita, who previously worked for Japanese e-commerce company Rakuten as a business development producer. Gamba recently partnered with Japanese internet company Nifty, where Gamba’s cloud-based reporting tool was added to the series of Nifty’s business software packages called Hakokura, which is sold at more than 17,000 computer stores nationwide in Japan with the aim to give internet-unfamiliar SME owners more opportunities to learn and try a variety of cloud-based services. Gamba is in talks with other companies to create more sales channels to users they have not yet reached.

From my point of view, most companies using cloud-based services typically have their CEOs or operations managers who are early adopters. However, startups have to reach late adopters as well in order to build a bigger user base. Thus, if you have developed an awesome service but are struggling to acquire users, you should study and learn from Gamba as it increases touch points with potential customers.

Japan’s Moi fundraises $5 million for mobile live streaming app TwitCasting

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Moi Corporation, the company behind Japanese mobile live streaming app TwitCasting, announced that it has fundraised $5 million from Indonesia’s Sinar Mas Group leading and Japanese seed investor East Ventures also participating. Our readers may recall that the company raised $634,000 from East Ventures back in May 2013. See our past articles featuring this startup: Live-streaming app TwitCasting surpasses 2 million users, but founder is a little distressed Japan’s livestreaming app TwitCasting to soon hit 3M users, is now winning fans overseas 15 Japanese startups pitch at Rising Expo 2013, TwitCasting takes top prize Video sharing in Japan: Twitcasting and Vine prove popular among teenagers Japanese livestreaming app TwitCasting to support collaborative broadcasting via TechCrunch

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Moi Corporation, the company behind Japanese mobile live streaming app TwitCasting, announced that it has fundraised $5 million from Indonesia’s Sinar Mas Group leading and Japanese seed investor East Ventures also participating.

Our readers may recall that the company raised $634,000 from East Ventures back in May 2013.

See our past articles featuring this startup:

via TechCrunch

Beatrobo offers PlugAir devices to TM Network, helps J-pop band better engage fans

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See the original story in Japanese. Tokyo-based startup Beatrobo introduced its device called PlugAir back in October 2013. When installed on a smartphone, it recognizes a unique identification code embedded in the small gadget. So companies can deliver content to their targeted consumer segments using it. Since the company has been providing a music service, they are trying to sell the gadget to the music industry to help them better engage fans for their artist group. Beatrobo partnered with American mixture band Linkin Park late last year, and started offering the gadget to Japanese music artist Mihiro to sell it to his fans at his live concert venues. Our regular readers may recall that Beatrobo fundraised $1.1 million from Japanese music retailer chain Lawson HMV Entertainment back in April in order to strengthen the PlugAir business. And now, here’s big news again. The company offers PlugAir devices to ticket holders for live tour concerts of Japanese popular pop music band TM Network. If you buy a ticket, it will be delivered to you along with a PlugAir device, so you can enjoy special content using mobile prior to the event. They announced this is a world first that the device…

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See the original story in Japanese.

Tokyo-based startup Beatrobo introduced its device called PlugAir back in October 2013. When installed on a smartphone, it recognizes a unique identification code embedded in the small gadget. So companies can deliver content to their targeted consumer segments using it. Since the company has been providing a music service, they are trying to sell the gadget to the music industry to help them better engage fans for their artist group.

Beatrobo partnered with American mixture band Linkin Park late last year, and started offering the gadget to Japanese music artist Mihiro to sell it to his fans at his live concert venues. Our regular readers may recall that Beatrobo fundraised $1.1 million from Japanese music retailer chain Lawson HMV Entertainment back in April in order to strengthen the PlugAir business.

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PlugAir (click to enlarge)

And now, here’s big news again. The company offers PlugAir devices to ticket holders for live tour concerts of Japanese popular pop music band TM Network. If you buy a ticket, it will be delivered to you along with a PlugAir device, so you can enjoy special content using mobile prior to the event. They announced this is a world first that the device is used as a reward for concert ticket holders.

Regardless of whether you want to buy a ticket with or without the device, it will be sold for the same price of 9,000 yen (about $90), which is made possible because of its highly functional but low-cost production. So live event organizers or music labels are more likely to better engage music fans who are using it without facing a heavy burden.

Beatrobo has been collaborating with Los Angeles-based creative think tank MachineShop which helped the former company partner with Linkin Park. So it is interesting to see how they will go forward in the music industry in the US from their starting point in Beverly Hills or Hollywood, as well as boosting their business in that of their home turf of Japan.

News curation startup Gunosy secures $12M funding from three Japanese companies

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Bloomberg reported earlier today that Tokyo-based Gunosy, the company behind the curation news app under the same name, has secured funds worth 1.2 billion yen ($12 million) from Japanese telco KDDI (TSE:9433), investment firm Jafco, and B Dash Ventures. This follows their previous funds worth $12 million from KDDI back in March. Regarding the money raised back in March, the company used over 80% of it to broadcast a TV commercial to increase penetration of their news app among Japanese consumers. They recently launched the app in the US and UK markets over the last few months, and it is told that they plan to use the funds raised at this time to intensify their global promotion efforts. In this sector of the Japanese market, we’ve seen a number of competitors like SmartNews, NewsPick, Antenna, and Kamelio. In the US market, we’ve also seen that Flipboard surpassed 85 million users last year and acquired news reader app Zite from CNN back in March. In our recent interview with the company’s co-CEO Shinji Kimura, he told us that they are targeting 80 million installs outside of Japan, and 100 million worldwide in three years.

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Bloomberg reported earlier today that Tokyo-based Gunosy, the company behind the curation news app under the same name, has secured funds worth 1.2 billion yen ($12 million) from Japanese telco KDDI (TSE:9433), investment firm Jafco, and B Dash Ventures. This follows their previous funds worth $12 million from KDDI back in March.

Regarding the money raised back in March, the company used over 80% of it to broadcast a TV commercial to increase penetration of their news app among Japanese consumers. They recently launched the app in the US and UK markets over the last few months, and it is told that they plan to use the funds raised at this time to intensify their global promotion efforts.

In this sector of the Japanese market, we’ve seen a number of competitors like SmartNews, NewsPick, Antenna, and Kamelio. In the US market, we’ve also seen that Flipboard surpassed 85 million users last year and acquired news reader app Zite from CNN back in March.

In our recent interview with the company’s co-CEO Shinji Kimura, he told us that they are targeting 80 million installs outside of Japan, and 100 million worldwide in three years.

Japan’s ZenFotomatic wants to help online stores with easy photo enhancement features

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See the original story in Japanese. ZenFotomatic is a cloud-based automated photo cropping and enhancement tool and was recently introduced by an Osaka-based startup called Glams. Since its beta launch back in September 2013, the service has acquired more than 1,200 accounts from Japan as well as over 600 accounts from abroad. Photos often need to be color corrected or trimmed before uploading to a website, regardless of how much carefully you consider camera settings like resolution or white balance when you take a photo. It is not difficult to enhance one or two photos manually. But for apparel e-commerce sites that list a number of item photos this task can be very time-consuming and even hinder their regular business operations. Glams has also its own online store in Japan’s largest online shopping mall Rakuten. In suffering from busy, yet non-productive, routine tasks every day, the Osaka outfit came up with the idea developing ZenFotomatic to improve the situation. The company’s co-founder and CEO Daisuke Miura told us a bit about it. Unlike big fashion e-commerce sites, in-mall online stores have to list a new item as soon as it arrives. Because the earlier you can list it, the higher…

zenfotomatic_featuredimage

See the original story in Japanese.

ZenFotomatic is a cloud-based automated photo cropping and enhancement tool and was recently introduced by an Osaka-based startup called Glams. Since its beta launch back in September 2013, the service has acquired more than 1,200 accounts from Japan as well as over 600 accounts from abroad.

Photos often need to be color corrected or trimmed before uploading to a website, regardless of how much carefully you consider camera settings like resolution or white balance when you take a photo. It is not difficult to enhance one or two photos manually. But for apparel e-commerce sites that list a number of item photos this task can be very time-consuming and even hinder their regular business operations.

Glams has also its own online store in Japan’s largest online shopping mall Rakuten. In suffering from busy, yet non-productive, routine tasks every day, the Osaka outfit came up with the idea developing ZenFotomatic to improve the situation. The company’s co-founder and CEO Daisuke Miura told us a bit about it.

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Daisuke Miura

Unlike big fashion e-commerce sites, in-mall online stores have to list a new item as soon as it arrives. Because the earlier you can list it, the higher rank in a search result your item will be listed in. So it’s more likely for you to acquire potential buyers.

However, the photo enhancement process is very tough for online stores, especially for the ones with a small team like us. We are a five-person team but were often forced to work overnight for enhancing photos. We thought that more than a few online merchants have the same problem. To address it, I was jestingly discussing with New Zealander engineer Blain Hosford in my team, and he subsequently completed ZenFotomatic.

If you set a certain threshold in the app, it can automatically detect the boundary of a object and its background in a photo using a proprietary algorithm, which is obviously the core technology. It has no feature yet to learn user preference, but if you claim that your picture is inappropriately processed, it will be transferred to the Glams engineering team and they will analyze it to optimize the algorithm.

Their service prices start from 2,500 yen (almost $25) for enhancing 100 photos. The service is originally designed for small-sized and shorthanded online stores, but now even several big e-commerce companies are using it as well, so it seems like they also have a monthly flat rate pricing plan for such heavy users.

We understand that they maintain its focus on the Japanese market for now but wants to begin global expansion as money can be raised while an appropriate operating officer in addition to good engineers can be hired. The Glams CEO added:

The e-commerce ratio in Japan is as low as 3%, which is obviously lower than that of the US (5 to 7%) and UK (9%). I think there will be more opportunities available outside the country. Our service is non-verbal so we really want to reach out to the global market in the future.

Image composite feature

The company recently added a new feature that allows you to composite your preferred images very easily. For online store owners, it makes you easier to add stickers or logos to a number of your existing photos in a batch operation.

When I heard about this feature for the first time, I couldn’t understand why there is a need for it because from the developer’s perspective, I thought these image composite features are usually supported on the e-commerce platform side. In a response to my question, Miura explained:

Our potential users are small and medium-sized online store owners. Many of their stores are located in a big online mall, where they have no way to generate composited images dynamically. They usually complete processing images on their desktops and upload such completed static images to the website. So we added the feature and enabled users to complete these processes in a batch operation on the ZenFotomatic cloud.

Talking about e-commerce solutions, we like to imagine big ones designed for big e-commerce players. But I think Glams added this feature in order to provide more convenience to in-mall store owners.

I often hear from Japanese e-commerce company NetPrice.com’s CEO Teruhide Sato, who’s best known for having invested in payments processors and logistics operators in Turkey, India, and Indonesia, that there’s a common pattern for the e-commerce industry in the process of spreading in any country. Now we see several fulfillment services for e-commerce operators in developing countries, so we may probably expect ZenFotomatic to become one of the standards and an essential item for all e-commerce players around the world soon.

WordPress cloud service provider Sova raises $3M, launches freemium hosting plan

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See the original story in Japanese. Singapore-based Sova (named after buckwheat noodles in Japanese), the startup that provides cloud-based WordPress hosting service, announced last week that it has secured $3 million in a seed round. Details of the funds have not been disclosed, but it is understood they were raised from an angel investor in Singapore. Why so confident? Sova was launched back in December by Japanese engineer Miyako Itonaga (CEO/CTO) and serial entrepreneuer Takashi Fujimoto (CFO/COO). The company provides cloud-based hosting services focused on the WordPress environment, which allows them to save costs in engineering support for their customers but provide better experience. Fujimoto elaborated how they are trying to differentiate from competitors: Typical service providers build their environment on Amazon Web Services because it’s easy. But if doing so, one remains upon the cloud service in the cost structure. So we developed our own cloud platform; service of the specification that our competitor WP Engine provides for $99 in the US is available from us for as low as $20. Our readers may recall that his aforementioned company WP Engine recently $15 million in the US. We can expect that Sova to fare well in the Asian region…

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See the original story in Japanese.

Singapore-based Sova (named after buckwheat noodles in Japanese), the startup that provides cloud-based WordPress hosting service, announced last week that it has secured $3 million in a seed round. Details of the funds have not been disclosed, but it is understood they were raised from an angel investor in Singapore.

Why so confident?

Sova was launched back in December by Japanese engineer Miyako Itonaga (CEO/CTO) and serial entrepreneuer Takashi Fujimoto (CFO/COO). The company provides cloud-based hosting services focused on the WordPress environment, which allows them to save costs in engineering support for their customers but provide better experience. Fujimoto elaborated how they are trying to differentiate from competitors:

Typical service providers build their environment on Amazon Web Services because it’s easy. But if doing so, one remains upon the cloud service in the cost structure. So we developed our own cloud platform; service of the specification that our competitor WP Engine provides for $99 in the US is available from us for as low as $20.

Our readers may recall that his aforementioned company WP Engine recently $15 million in the US. We can expect that Sova to fare well in the Asian region because we’ve seen no competitors focused on such a niche space.

Adding multilingual options

Many of their users come from Japan and the Southeast Asian regions. To address a latency issue for them, the company’s cloud facilities are located in Singapore and Osaka, Japan. Using the funds raised this time, they plan to set up another facility in Palo Alto to prepare for their expansion to the US market and also add user support offices in Palo Alto and Indonesia to the existing locations in Singapore and Osaka. Fujimoto explained:

Since WordPress accounts for over 20% of all websites in the world, everyone knows how it’s sure to monetize. We’re still as young as six months old, but we’ve been receiving many takeover offers from companies like telcos in Asia and Silicon Valley-based companies expecting expansions to the Asian markets. But we have no intention to accept their offers for now.

Sova is also in talk with a undisclosed Japanese hosting company to provide a white label service for their customers. So you’ll be able to see a WordPress cloud hosting service branded with a major Japanese company pretty soon. The service is currently available in English and Japanese, but plan to add Vietnamese, Chinese, Indonesian, and Spanish to its language options next month.

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Launching freemium hosting plan

Earlier this week, the company started accepting applications for their freemium hosting plan called Sova WP Free. Now that they’ve got the funds and a measurable number of paying users, so they thought it’s good to launch the premium plan to gain their awareness amongst potential customers. Fujimoto added:

It’s a freemium service but has a feature to boost the capacity of your environment to withstand up to 1 million daily page views. We’re developing our own ad network platform, which will enables blog owners using our service to monetize their content. It’s also available for mobile browsing. Typical WordPress templates are limited in its variety of design, but we will provide many templates using responsive designs and give users more choices.

We understand that they are trying to secure a series A funding worth an amount ranging from $10 to $15 million by the end of October.

I was curious about how Fujimoto have been working prior to this business. He told me that he started his own business while he was attending Kyoto University. Subsequently he launched an IT business and sold it over to a big Japanese IT company back in 2009. He’s busy flying back and forth between Singapore and Palo Alto for setting up their first office in the US.

Meet Japanese entrepreneur trying to disrupt Thai recruitment market

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See the original story in Japanese. Some of our readers may know Japanese recruiting company LiveSense succeeded in IPO back in 2012 with the business model giving rewards to users when securing a new job using the company’s platform. This business model has been adopted at more than a few sites in this space, and such companies include Taiwan-based job search site Job178 which recently fundraised from Japanese internet company Mixi. Following this trend, Job Talents was officially launched back in March in Thailand. The service was launched by Yojiro Koshi who was previously working with Japanese mobile ad network company Nobot (acquired by Japanese telco KDDI’s subsidiary Mediba back in 2011) for their business developments in Thailand. He figured out that the new wave of innovation has not yet reached the Thai recruiting industry, and is trying to bring never-before-seen services to this space. Koshi told us how they plan to evolve their business from now: We plan to add a feature that helps our users create their resumes. Because many people are not used to create a resume or have no custom to attach their portrait to it. We recently invited a Thai consultant to our team. She…

See the original story in Japanese.

Some of our readers may know Japanese recruiting company LiveSense succeeded in IPO back in 2012 with the business model giving rewards to users when securing a new job using the company’s platform. This business model has been adopted at more than a few sites in this space, and such companies include Taiwan-based job search site Job178 which recently fundraised from Japanese internet company Mixi.

Following this trend, Job Talents was officially launched back in March in Thailand. The service was launched by Yojiro Koshi who was previously working with Japanese mobile ad network company Nobot (acquired by Japanese telco KDDI’s subsidiary Mediba back in 2011) for their business developments in Thailand. He figured out that the new wave of innovation has not yet reached the Thai recruiting industry, and is trying to bring never-before-seen services to this space. Koshi told us how they plan to evolve their business from now:

We plan to add a feature that helps our users create their resumes. Because many people are not used to create a resume or have no custom to attach their portrait to it. We recently invited a Thai consultant to our team. She has been helping a lot of local people get employed again in Thailand. We will also give our users advice on creating a resume or an employment interview.

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Japanese gaming publisher Donuts is hiring game designers for their local subsidiary in Thailand using Job Talents.

The company is currently a five-person team comprising of Japanese, Thai, and American staff. One of the biggest issues they are facing is that they are not able to roll out additional features and interface improvements so fast. In order to address this, they expect to raise money this summer for hiring new engineers, and are exploring funding opportunities for it now.

In this space in the Southeast Asian region, we’ve seen competitors like Jobtopgun (Thailand), jobsDB (Hong Kong), and JobStreet.com (Malaysia). Koshi is devoting himself to adjusting his service to the needs of the Thai job seekers, and he has receiving advice from famous Thai entrepreneur Natavudh Pungcharoenpon, CEO of Thai e-publication startup Ookbee which recently fundraised from Japanese system integration company Trans Cosmos.

Since its launched earlier this year, Job Talents has acquired about 1,000 job seekers and 100 companies, so they still need to work harder to show a more active presence amongst the Thai people. We understand that their marketing still depend only on Facebook ads Google Adwords, so I expect them to do it better making good use of the Line app which has the world’s second largest user population in Thailand.

Japan’s mobile app developer Ignis files for IPO

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Tokyo-based mobile app developer Ignis announced yesterday that it has been approved for an IPO on the Tokyo Stock Exchange Mothers Market. The company will be listed on July 15th. Since its launch back in May of 2010, the company has surpassed over 50 million downloads by attracting users with more than 75 apps for iOS and Android. Their best selling apps include ‘AKB48 virtual phone’ ( iOS / Android ) which delivers new voice messages from the members of Japanese pop singer group AKB48 every month and allows you to enjoy listening to their messages in a way like talking over the phone with someone. Via IT Media, Venture Now

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From the left: CEO Kon Sen, CTO Takaaki Suzuki (Image from Ignis’ website)

Tokyo-based mobile app developer Ignis announced yesterday that it has been approved for an IPO on the Tokyo Stock Exchange Mothers Market. The company will be listed on July 15th.

Since its launch back in May of 2010, the company has surpassed over 50 million downloads by attracting users with more than 75 apps for iOS and Android.

Their best selling apps include ‘AKB48 virtual phone’ ( iOS / Android ) which delivers new voice messages from the members of Japanese pop singer group AKB48 every month and allows you to enjoy listening to their messages in a way like talking over the phone with someone.

Via IT Media, Venture Now

Japan’s social media recruitment consultancy fundraises from Global Brain

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Tokyo-based Social Recruiting, the startup that provides consultation about recruitment using social media services, announced today that it has fundraised from Japanese investment firm Global Brain. Details of the investment were not disclosed but it’s likely worth around several million US dollars. The company was launched back in 2011 and subsequently secured a seed funding from Tokyo-based seed startup incubator Samurai Incubate. They have been serving about 400 companies and helping their recruitment activities. In terms of the size of their user base, the company has acquired more than 200,000 annual users which accounts for about one-third of all new graduates looking for jobs in Japan. The company’s CEO Hirofumi Kasuga explained that they plan to use the funds raised this time for their global business expansion, especially focused on the Southeast Asian region. via TechCrunch Japan

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Tokyo-based Social Recruiting, the startup that provides consultation about recruitment using social media services, announced today that it has fundraised from Japanese investment firm Global Brain. Details of the investment were not disclosed but it’s likely worth around several million US dollars.

The company was launched back in 2011 and subsequently secured a seed funding from Tokyo-based seed startup incubator Samurai Incubate. They have been serving about 400 companies and helping their recruitment activities. In terms of the size of their user base, the company has acquired more than 200,000 annual users which accounts for about one-third of all new graduates looking for jobs in Japan.

The company’s CEO Hirofumi Kasuga explained that they plan to use the funds raised this time for their global business expansion, especially focused on the Southeast Asian region.

via TechCrunch Japan