Japanese newspaper Nikkei reported earlier today that Tokyo-based gaming company Gumi has fundraised 5 billion yen (approximately $49 million) from Silicon Valley-based investment firm WiL (World Innovation Lab) and other investors. The report says the funding will be completed on July 4th, and Sega Networks, which participated in this round, partnered with Gumi to market service the service in the US. ...continue reading ...
The Bridge 7/4/2014 [en]
- Gumi's mobile games are getting popular not only in Japan but also in many overseas markets. It is very rare or probably the first case for Internet related startup in Japan to raise about 50 million dollars before IPO. Gumi is said to go IPO within this year. There have been many successful exits of mobile game developers but Gumi will be the largest scale ever.