On the 17th November, Softbank ventures announced that it had made an investment into HyperConnect a communication application startup. The total of the investment was revealed to be US$8.6m (KRW 10b) and was provided jointly with Altos Ventures. HyperConnect Inc. started in March last year with the aim to connect the people of the world with the most effective and economical means. Their communication app ‘Azar’ allows easy live chat with other users…

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 client/server technology stack for WebRTC based real-time video/voice communication. It is very secure and reliable for various settings in 200 countries with very high quality video chat. The technology is built on P2P so the management…