EDITOR’S PICK
Altos Ventures Invests $2 Million USD In Global Video Messenger Startup ‘Hyperconnect’

Altos Ventures, headquartered in Silicon Valley, has invested $2 million USD in Hyperconnect, the developer of live time video communication technology and the service host for the video messenger ‘Azar.’ Hyperconnect has developed a very distinct…

791일 전
Korean In-Car Navigation Startup Launches Augmented Reality Driving System

A leader in navigation solutions from Korea, Thinkware, has developed a new product with imbedded augmented reality technology. The new iNavi X1 model allows the driver to view the actual image of the road on which…

792일 전
‘Timeline Dungeon’ Developer NOVN Secures Investment from NC Soft

‘Timeline Dungeon’ developer NOVN have announced that they recently received $500k USD from NC Soft. As NC Soft expands its business interest from game and contents to a range of other entertainment areas, this investment will…

792일 전
Can Korea Rise To The Challenge Of Global innovation Leader?

“When it comes to innovation Korea is a global leader” – Mark Zuckerburg The above statement comes from a speech Mark Zuckerberg, Facebook CEO delivered recently, and demonstrates a changing tide of thought about Korea. No…

796일 전
Coupang Is Acheiving ‘Viral Growth’ Months After Raising $300 Million USD From BlackRock

As reported by Coupang’s President Bom Kim, his four year old ecommerce company has surpassed monthly turnover of 200 billion won (a little shy of $200 million USD). While the comapny started life as a daily…

797일 전
Top Business Card Organizer ‘Remember’ Secures $2 Million USD

Jae-ho Choi CEO of Drama & Company has announced that their business card organizing app ‘Remember’ has secured $2 million USD from Daekyo Investment, CyberAgent Ventures, and Capstone Partners. This is the second round of funding…

797일 전
NFLabs Aims to Democratize Big Data, Raises $1.5 Million For Development And Global Expansion

After three years in operation, NFLabs, Korea’s most promising Big Data startup has raised series A funding from Big Basin Capital, Bon Angels and Coolidge Corner investment. The funding of $1.5 million USD will be primarily…

799일 전
SundayToz Initiates $30 Million USD ‘AniPang Fund’ To Support Startups

Korean gaming company ‘SundayToz’ and The Ministry of Science, ICT and Future Development and have created the ‘AniPang Fund.’ The fund will be aimed at startups in the following fields: Gaming, Social, digital content, platform based technology…

799일 전
The Korean Gaming Industry Doesn’t Stick Out As One That Needs Support… But They’re Getting It

According to an article on Business Korea, the Korean government is planning to invest at least $209 million USD over the next five years to promote the growth of the game industry. This comes in a…

801일 전
5 Myths About Asian Startups – The Importance Of A Global Perspective

[This article was originally published on Forbes] I was in Asia last week to attend a Demo Day for startups that participated in a two month acceleration program through DEV Korea where I serve as a…

802일 전
This Korean Startup Allows Developers To Add Voice, Video, & Chat To Web/Mobile Apps With A Few Lines Of Code

‘Appspand’ is an advanced communication service, allowing voice, video, and chat to be added to any web/mobile app, with a few lines of additional code. Uberple was founded in Jan 2013 with the vision of dramatically…

803일 전
This Korean Startup Brings Computer Science Education Into The Digtal Age

The programming and Software education market is booming in Korea. Starting from next year, domestic software education will become mandatory for middle school students, and by 2018 it will become part of the national curriculum for…

805일 전
‘A-33 Studio,’ A Seoul Based Gaming Startup, Aims To Revolutionize Moble Gaming

K Cube Ventures recently announced a $700,000 investment into mobile game developer ‘A-33 Studio.’ With this investment A-33 Studio will focus on ramping up their mobile FPS game production and aim to be ready to release…

805일 전
Opportunities And Threats In Korea’s Blossoming E-Commerce Market

Social Commerce In Korea Is A hot Topic These Days With Coupang’s Recent $300 Million USD Fundraise – Here’s a Review of the Market from our friends at Business Korea. In May 2010 social commerce arrived in…

806일 전
Chinese Language Education Company Chinada secures $1 Million USD from Soft Bank Ventures

Based in Seoul, Chinese language education company CHINADA have secured $1 million USD from Soft Bank Ventures and Coolidge Corner Investment. Their digital educational program ‘Chinatan’ is unlike other typical systems that focus on grammar and…

806일 전
Yellow Mobile’s Location-Based SNS ‘1km’ Targets Global Market With International Version

Yello Mobile’s location-based SNS ‘1km’ has announced the launch of their international version, which now supports ten different languages including English, Chinese, Spanish, and Thai. Riding the current of ‘Korean-Wave’, they are targeting South-east Asian and…

809일 전
Coupang, Korea’s Top E-Commerce ‘Startup’ Closes $300 Million USD From BlackRock

“We want to be the Amazon of Korea. We are the largest online retailer here, and we’re one of the most well-funded tech companies in Korea.” CEO of Coupang, Bom Kim in an interview with Forbes To…

810일 전
Couples App ‘Between’ Hits 10 Million Global Downloads, Celebrates Three Years In Operation

Two weeks after the third anniversary of founding Between, the world’s largest social network for couples, has hit a major milestone, achieving 10 million global downloads. Since launching 3 years ago, Between has enjoyed 100% year-on-year…

811일 전
Korean Tech Startups and SMEs Lost USD$5.6 Billion in Unprotected IP Between 2011 & 2013

According to the Korea Small Business Institute, small and medium enterprises running their own research institutes suffered from a technology outflow worth $5.6 billion between 2011 and 2013. The amount was equivalent to 58% of their…

811일 전
KakaoTalk Answers User Concerns Over Privacy, Adds ‘Secret Chat’ Function

Perhaps in response to user concerns around privacy, Daum Kakao has just introduced ‘Secret Chat’ mode and ‘Decline Invites’ features for their KakaoTalk messenger, adding a higher level of privacy to the service. The new features…

812일 전