Playstudios is in a strong position to benefit from this growth given the quality of its products, the abilities of its management team and the support of its loyal user base, commented Jafco
Ventures managing partner Joe Horowitz.
Asia is an operating subsidiary of JAFCO
Co Ltd, which is part of the Nomura group of companies.
Founded in 1973, JAFCO
has managed a cumulative total of over 90 investment funds through its offices in Japan, the US, China, South Korea, Taiwan and Singapore.
Country: USASector: IT/Online Services, Advertising/PRTarget: MoPub Inc Buyer: Twitter IncVendor: Accel Partners, Harrison Metal Capital , Jafco
VenturesDeal size in USD: 350mType: Corporate acquisitionFinancing: All-stockStatus: ClosedComment: Price and financing are speculated.
Asia, established in 1990, is focused on technology related investments.
We are very glad to lead the Series C investment round of UltiZen Games," said Raymond Gu, Associated Director of JAFCO
We have been on a roll, from the endorsement of DiiVA by the chairman of Hisense in his CES keynote speech, the addition of Samsung and Sony as DiiVA promoters, the successful tape-out of the world's first DiiVA chips to the financial support of leading investors JAFCO
Asia and Pac-Link together with the financial support of the Chinese government," said David Lee, Synerchip's chairman and CEO.
general partner Jeb Miller described Pertino as a perfect addition to his companya[euro](tm)s portfolio.
Of the firms we considered, JAFCO
stood out early because of their passionate belief in the opportunity before us, as well as the deep experience of Joe Horowitz as an early innovator in the electronic programming guide space," continued Lanzone.
We are very proud to continue to support Yodle, a fast-growing and clear leader in the local online advertising space," said Tom Mawhinney, General Partner at JAFCO
Based in Palo Alto, California, JAFCO
Ventures is an independent venture capital partnership focused on companies that are emerging leaders in the software, semiconductor and communications industries.
Ventures led the round, bringing deep experience and strong relationships in the Asian markets, with participation from Nth( )Power, focused on the growing sector of energy technology, and existing investor Kleiner Perkins Caufield & Byers (KPCB).