Japanese telco KDDI announced today that it has invested in Gunosy, the creator of a popular news curation app of the same name. Details of the investment were not disclosed but it’s likely worth somewhere from $12 million to $14 million according to certain sources. Coinciding with this funding, the startup is set to begin broadcast of a TV commercial in Japan tomorrow.
Gunosy previously raised 31.6 million yen (about $300,000) back in February of 2013, and an undisclosed amount back in July of 2013. We have also confirmed they secured a seed round funding from several investors including B Dash Ventures. ...continue reading ...
The Bridge 3/14/2014 [en]
- News curation apps are one of the hottest area recently. It looks like a messaging apps in a few years ago. There still new comers entering into this field, but Gunosy is considered to be one of the most promising apps with the large amount of finance.