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Japan’s MyNet raises $6.2M, enhancing growth support business for app developers

Masaru Ikeda Masaru Ikeda
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Tokyo-based mobile game developer MyNet announced today that it has raised 730 million yen ($6.2 million) from B Dash Ventures, Shinsei Corporate Investment, and SMBC Venture Capital, including loans from Sumitomo Mitsui Bank. From its start in July 2006, MyNet had been providing social news service Newsing (to be terminated in March), as well as customer relationship management solutions to restaurants and retailers. However, they sold their CRM solutions to Yahoo Japan and changed their focus to social games development in 2012. In May 2014, MyNet launched outsourced growth services for mobile games to help app developers boost user numbers and revenue. They plan to use the funds to hire new people for this growth business and acquire new game titles from other developers. Via: TechCrunch Japan Edit by Kurt Hanson

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Tokyo-based mobile game developer MyNet announced today that it has raised 730 million yen ($6.2 million) from B Dash Ventures, Shinsei Corporate Investment, and SMBC Venture Capital, including loans from Sumitomo Mitsui Bank.

From its start in July 2006, MyNet had been providing social news service Newsing (to be terminated in March), as well as customer relationship management solutions to restaurants and retailers. However, they sold their CRM solutions to Yahoo Japan and changed their focus to social games development in 2012.

In May 2014, MyNet launched outsourced growth services for mobile games to help app developers boost user numbers and revenue. They plan to use the funds to hire new people for this growth business and acquire new game titles from other developers.

Via: TechCrunch Japan

Edit by Kurt Hanson

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Sega Networks invests in and partners with Japanese mobile app developer MyNet

Masaru Ikeda Masaru Ikeda
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Tokyo-based mobile game developer MyNet recently announced it has raised an undisclosed sum of investment from Japanese gaming giant Sega Networks. The two companies say they will join forces to develop more gaming apps. Since its launch back in July of 2006, MyNet had been providing customer relationship management solutions to restaurants and retailers. However, they sold their CRM solutions to Yahoo Japan and changed their focus to social games development early last year. Their recent mobile game Emblem of Falkyrie has been performing well these days, especially in the Asia region. Coinciding with this announcement, MyNet has introduced an iOS version of this game. Sega Networks is a subsidiary of Sega Sammy Group, known for having developed the popular mobile puzzle RPG Puyo Puyo Quest.

seganetworks-mynet_logos

Tokyo-based mobile game developer MyNet recently announced it has raised an undisclosed sum of investment from Japanese gaming giant Sega Networks. The two companies say they will join forces to develop more gaming apps.

Since its launch back in July of 2006, MyNet had been providing customer relationship management solutions to restaurants and retailers. However, they sold their CRM solutions to Yahoo Japan and changed their focus to social games development early last year. Their recent mobile game Emblem of Falkyrie has been performing well these days, especially in the Asia region. Coinciding with this announcement, MyNet has introduced an iOS version of this game.

Sega Networks is a subsidiary of Sega Sammy Group, known for having developed the popular mobile puzzle RPG Puyo Puyo Quest.

Emblem of Falkyrie
Emblem of Falkyrie

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