This is the second fundraising from IVP Fund following 100 million yen in this April.
mlab was founded by spin-out of smartphone application division of Blau which focuses operating official sites for feature phones.
mlab launched baboo in this September, which is a chat application for smartphone with "kawaii" or cute characters. ...
Venture Now 11/28/2011 [jp]
- Different from the recent incubators copying Y-Combinator, Infinity Ventures invests relatively large amount in selected seed/early stage startups. It invested 300 million yen in mobile social game developer, One Of Them in this October.