GMO Internet Pte. Ltd. announced that it will receive SGD 8,953,254 in an equity round of funding from new investor, GMO CLOUD K.K. on May 15, 2015. The investor will acquire 20% stake in the company through this transaction.

The transaction has been approved by the board of directors of the investor. The transaction will be carried out through third party allotment method on June 30, 2015.