Dec 27, 2010

T.C.FACTORY raised 168M yen from KDDI and others

T.C.FACTORY revealed that it allocated new shares of 168 million yen to KDDI and Yasuda Enterprise Development.

T.C.FACTORY develops original data base in entertainment domain such as packages information of over 20 million of CD, movies, and DVD and over 4 million of artists, actors, and authors. Based on it, the company provides information service including licensing business by providing API. In May, it also released DrillSpinX, iPhone app allowing users to check persons or productions which is currently popular.

The company uses the capital for recruiting human resource to promote B2B2C/B2C business. In addition, it develops a new service linking with LISMO, music distribution service of KDDI for au mobile phone and PC.

Venture Now 12/24/2010

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