KiteRa Co., Ltd. announced that it has received ¥1.4 billion in funding from XTech Ventures Co., Ltd., Mitsui Sumitomo Insurance Venture Capital Co., Ltd., DIMENSION Co., Ltd., Sansan, Inc., Mizuho Capital Co., Ltd.
April 12, 2022
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KiteRa Co., Ltd. announced that it has received ¥1.4 billion in funding led by existing investor XTech Ventures Co., Ltd. on April 13, 2022. The transaction also included debt and included participation from Sansan, Inc., and existing investors Mitsui Sumitomo Insurance Venture Capital Co., Ltd., DIMENSION Co., Ltd., and Mizuho Capital Co., Ltd. The company has raised total funding of ¥1.8 billion till date including debt.
Sansan, Inc. is a Japan-based company mainly engaged in the provision of business cards management service and other issues solutions for companies and business person. The Company operates through two business segments. The Sansan segment is mainly engaged in the provision of Sansan service which is a business cards cloud management service for corporate, and the service can convert business cards into data, visualize and share people-to-people connections as information. The Eight segment is mainly engaged in the operation of Eight application used for business cards as a business network service incorporating the mechanism of social networking services.
KiteRa Co., Ltd. announced that it has received ¥1.4 billion in funding from XTech Ventures Co., Ltd., Mitsui Sumitomo Insurance Venture Capital Co., Ltd., DIMENSION Co., Ltd., Sansan, Inc., Mizuho Capital Co., Ltd.