CyberAgent Ventures invests in Singapore-based mobile reward platform YOYO HOLDINGS,
CyberAgent Ventures, Inc. (HQ:Shinjyuku-ku, Tokyo, President:Souichi Tajima), a venture capital arm of CyberAgent, Inc. (HQ:Shibuya-ku, Tokyo, President:Susumu Fujita, TSE Mothers: 4751) announces to invest in YOYO Holdings, Pte. Ltd. (HQ:Singapore, CEO: Yosuke Fukada), which operates reward platforms in S.E. Asia.
Through the partnership with YOYO Holdings, Pte. Ltd. CyberAgent Ventures will contribute to enhance YOYO Holdings‘s value by making the most of CyberAgent group‘s resources including its overseas bases, existing operations, business experiences and know-how on new business development.
CyberAgent Ventures primarily focuses on investment in early stage start-ups. The investment noted above has been paid from CA Startups Internet Fund I, L.P. – a fund specialized its investment in early stage Internet start-ups.
■About YOYO Holdings
Company Name : YOYO Holdings, Pte. Ltd.
Address : 10 Anson Road, #14-06 International Plaza, Singapore
Established : October 10th, 2012
Chief Executive Officer: Yosuke Fukada
Business description: Management and operation of reward-based platform “Candy”
Company Name :CyberAgent Ventures, Inc.
Address : Shinjyuku Sumitomo bldg. 25F, 2-6-1 Nishi-Shinjyuku, Shinjyuku-ku, Tokyo Established :April 3, 2006
Capital :JPY 360 Million
President :Souichi Tajima
About this press release: Takegawa of CyberAgent Ventures, Inc.