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Cyber Security Predictions for 2015: Were the Experts Right?
About this time last year, experts and analysts all placed their official predictions for the cyber threat landscape in 2015. Now that a year has come and gone, it would be interesting to see if these so called analysts were correct. Today, we will...
2016.02.05
Cloudbric
Edutech startup, Riiid secures $1.7m series A investment for adaptive learning technology
Riiid, an educational technology startup has secured a Series A investment of US$1.7m (KRW 2b) from DSC Investment, DS Asset Investment, and Shinhan Capital. This successful investment comes as recognition of the potential for Riiid's 'Adaptive Learning' technology for delivering educational contents. Lee Han...
‘Park Here’, the Pioneer in Innovating Urban Parking
In hotel industry, there is a rather clear ceiling for their revenues; when the rooms are all booked out, it’s pretty much it. There might be some cash inflows from F&B and other event-related revenues such as renting out a conference room, but they...
Top five healthcare trends from technology startups
Technology has been integral in medical advancement and personal health. Now more than ever, technology is readily available to people of developed countries, mostly in the form of smart phones and devices. Recently, a surge in personal health gadgets and apps has been observed...
Naver Q4 profit up 5 % vs year earlier
South Korean leading search company 'Naver' said its Q4 profit rose 5 percent from a year earlier. Net profit came to 141.5 billion won (US$118 million) in that period, compared with the 129.6 billion won a year earlier. Advertisement sales from its mobile search engine...
2016.01.28
beSUCCESS
K­Beauty and Fashion customisation: The next wave in Korean commerce
Competition in Korea is heating up with the popularity of SPA brands in the fashion industry and big players like Laniege, Sulawhasoo dominating the beauty market. Local and international consumers are thronging to purchase fashion and beauty products coming out of Korea. With the...
How these 5 Korean startups are removing language barriers through technology to go global
In Korea, like in many countries where English is not the lingua franca, there is an especially large gap when it comes to having the right words for an international audience. This language barrier comes in not only while traveling but also while conducting...
Thanks To Eased Regulations Crowdfunding Picks Up Speed in Korea
Imagine a new Korean drama is in the works, but to bring it to life the producers need funding. How fast would your little sister hit that ‘fund’ button if it were available? Thanks to eased government regulations that button is now a reality...
Korean Startups Are Targeting the Next Generation of Wearables
Wearables gained huge popularity during 2015 with high-profile releases such as the Apple Watch and Pebble Time bringing wearables truly into the mass consciousness. Wearables are now high demand items and are on course to be one of the biggest tech trends of 2016....
File Sharing Service ‘Send Anywhere’ nabs $6M Series A from Rakuten Ventures
Estmob Inc’s Send Anywhere , the leader in cross-platform file sharing, announced this week that it closed a $6 million Series A round lead by Saemin Ahn of Rakuten Ventures. This deal comes on the heels of the company surpassing milestones of 1.5+ million monthly...
These 5 Korean Startups Are Increasing Workplace Efficiency
Are sticky notes and post-its not cutting it anymore to organise your schedule? Are you interested to explore workplace management and timekeeping beyond Slack, Trello and Evernote? Korean workers are widely recognised as among the most hard working in the world. With office lights...
Fashion O2O Brich secures second investment through Hana Financial Investment
Brich, an O2O service delivering the latest Korean fashion trends online, has secured an investment from Hana Financial Investment. The company was launched a year ago, and to date has raised US$860k (KRW 1b) from Hana Financial Investment and Mashup Angels. The Brich team...
Baemin Fresh adds lunch box delivery service after acquiring Ongkasomsi
Baemin Fresh, a fresh food delivery service has acquired ‘Ongkasomsi’, provider of packed lunches. Through this acquisition, Baemin Fresh will actively seek to increase their range of food delivery services that are delivered to the doorstep of their customers. In 2008, Onkasomsi recruited chef...
Korean Mobile Concierge Service ‘Secretary Kim’ is Building a New Investment Model for Korean Startups
One of the biggest tech trends today is text messengers becoming platforms for other services. And one of the hottest text-based services is virtual concierge services. In the US, there is Magic, which recently received a 12M investment from Sequoia. In Indonesia, there is...
8 Percent to Continue Leading Korean P2P Lending Market
Innovation can be defined in many ways. Among those, my favorite is to define it as the ability to kill and eat a great (even better, if it’s the entire) share of an existing market. And it is because in this world of surpluses...
NHN strengthening mobile advertising business with investment into Mocoplex
  19 January 2016 - NHN Entertainments have revealed their investment into Mocoplex, a company specializing in mobile advertising platforms. The motive for the investment was to strengthen NHN Entertainment's capabilities in mobile advertising; a market which is experiencing tremendous growth. Once the investment...
Gaming MCN Kongdoo Company receives further investment of $3.1m
Kongdoo Company, specializing in game MCN has succeeded in attaining a follow up Series B investment of US3.1m (KRW 3.6b) from Stic Investment, K Cube Ventures and Partner Investments. This investment comes within three months of the last investment in October of US1.7m (KRW...
2016.01.16
beSUCCESS
App Annie Raises $63M to Fuel Growth, Adds NetSuite CEO Zach Nelson to Board
  App Annie, the largest mobile app data and insights platform, announced that it has closed $63 million in total financing, with majority equity investment led by Greenspring Associates and additional participation from existing investors e.Ventures, Greycroft Partners, Institutional Venture Partners (IVP) and Sequoia...
Korean free call app startup receives angel investment for technology and business potential
Voiceloco, a communication software developer has succeeded in receiving an angel investment from the Credit Guarantee Fund for the technical excellence and business potential. Among others with investments through Credit Guarantee Fund, Voiceloco is a cut above the rest in terms of technical competitiveness...
IUEditor Gets a Major Update, Now Supporting WordPress Integration
JDLab released a new version of IUEditor, a website builder that supports back-end integration with Django, AngularJS and now WordPress. IUEditor allows users to develop a website without coding, using drag-and-drop. It supports various devices (smartphone, tablet, desktop), browsers and custom animation. Version 1.2.4,...
2016.01.13
beSUCCESS

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