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Japanese mobile game giant Donuts invests in app developer Nagisa

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See the original story in Japanese. Tokyo-based Donuts, a mobile game developer and the creator of the video app MixChannel, announced today that it has invested an undisclosed sum in Nagisa. Details of this investment were not disclosed but it appears to be worth about $1 million according to Nagisa’s corporate profile and past funding history. Launched back in 2010, Nagisa operates a messaging app called Balloon, and previously raised 100 million (or about $1 million) from Nissay Capital. Subsequently, they also produced the photo effects app Kame Camera, the diary app Livre, and a virtual idol app The 49th Girl — all of which have surpassed five million downloads cumulatively. The company also tells us that their movie app Slide Movies has acquired over 700,000 downloads in the two months since its launch back in December, and its monthly downloads surpassed 1 million in April alone. The company’s CEO Yoshiyuki Yokoyama told us that they are planning to expand their business to other sectors including C2C (consumer-to-consumer), fashion e-commerce, and games, thus making the most of their rapidly growing user base. As an investor, Donuts is interested in that user base, and is exploring synergy around Donut’s hit movie…

donuts-on-glass

See the original story in Japanese.

Tokyo-based Donuts, a mobile game developer and the creator of the video app MixChannel, announced today that it has invested an undisclosed sum in Nagisa. Details of this investment were not disclosed but it appears to be worth about $1 million according to Nagisa’s corporate profile and past funding history.

slidemovies_screenshot
Slide Movies

Launched back in 2010, Nagisa operates a messaging app called Balloon, and previously raised 100 million (or about $1 million) from Nissay Capital. Subsequently, they also produced the photo effects app Kame Camera, the diary app Livre, and a virtual idol app The 49th Girl — all of which have surpassed five million downloads cumulatively.

The company also tells us that their movie app Slide Movies has acquired over 700,000 downloads in the two months since its launch back in December, and its monthly downloads surpassed 1 million in April alone. The company’s CEO Yoshiyuki Yokoyama told us that they are planning to expand their business to other sectors including C2C (consumer-to-consumer), fashion e-commerce, and games, thus making the most of their rapidly growing user base.

As an investor, Donuts is interested in that user base, and is exploring synergy around Donut’s hit movie app MixChannel through this investment.

Japanese video app MixChannel surpasses 10 million monthly plays

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Tokyo-based app developer Donuts announced yesterday that its mobile video community app MixChannel has surpassed 10 million monthly movie plays. The app allows you to record and edit a short 10-second movie, and then share it with other users on the platform. To differentiate from similar apps, it lets you to add audio after shooting, or you can create entirely new movies by mixing those posted by others. The iOS app was launched back in December and recently added an English-language interface with the goal of building the biggest movie-sharing platform in Asia. To help achieve this, they will launch an Android app this summer. (For Android users, a lite version is available in Japanese.) In this space, we’ve already seen Japanese movie app SlideStory which lets you to share a 32-second slideshow movie with others. Japanese startup Cinammon is also targeting the region with its picture-with-audio sharing mobile app. via Venture Now

mixchannel_featuredimage

Tokyo-based app developer Donuts announced yesterday that its mobile video community app MixChannel has surpassed 10 million monthly movie plays.

The app allows you to record and edit a short 10-second movie, and then share it with other users on the platform. To differentiate from similar apps, it lets you to add audio after shooting, or you can create entirely new movies by mixing those posted by others.

The iOS app was launched back in December and recently added an English-language interface with the goal of building the biggest movie-sharing platform in Asia. To help achieve this, they will launch an Android app this summer. (For Android users, a lite version is available in Japanese.)

In this space, we’ve already seen Japanese movie app SlideStory which lets you to share a 32-second slideshow movie with others. Japanese startup Cinammon is also targeting the region with its picture-with-audio sharing mobile app.

mixchannel_screenshot1 mixchannel_screenshot2

via Venture Now