C Channel Corporation announced that it has received funding from SERAKU Co., Ltd., Venture Labo Investment, ABC Dream Ventures, Inc., NEC Capital Solutions Limited, Investment Arm, SBI Investment Co., Ltd., Hakuhodo DY Media Partners Incorporated
September 24, 2019
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C Channel Corporation announced that it has received a round of funding on September 24, 2019. The transaction included participation from SERAKU Co., Ltd. (TSE:6199), Nanto CVC No. 2 Investment Limited Partnership; a fund managed by Venture Labo Investment, ABC Dream Ventures, Inc., CSV Venture Fund 2 Limited Liability Partnership; a fund managed by NEC Capital Solutions Limited, Investment Arm and Venture Labo Investment, SBI Investment Co., Ltd, Hakuhodo DY Media Partners Inc. and VLI New Venture Development Investment Business Partnership.
The company raised the funding through third party allotment.
C Channel Corp is a Japan-based company mainly engaged in the media business, electronic commerce (e-commerce) business and overseas business. The Company operates in three business segments. The Media segment is engaged in the provision of native video advertising services that plans, produces and distributes video advertising content for corporates, as well as the advertising and ad network services, event holding services, sample product sales services and influencer marketing services through the video media application C CHANNEL and mama+ in Japan. The E-commerce segment is engaged in the sale of apparel products, beauty equipment and cosmetic products in Japan through applications and social networking services (SNS). The brands include KOBE LETTUCE, Isn't She?, N WITH., and BELL PALETTE. The Overseas segment is engaged in the overseas expansion of the C CHANNEL business mainly in the Asian regions such as China, Indonesia, Philippines, Singapore, Malaysia and Vietnam.
C Channel Corporation announced that it has received funding from SERAKU Co., Ltd., Venture Labo Investment, ABC Dream Ventures, Inc., NEC Capital Solutions Limited, Investment Arm, SBI Investment Co., Ltd., Hakuhodo DY Media Partners Incorporated