Mar 29, 2010

Istpika announced allocation of new shares to GMO's blog business fund

Istpika allocated about 25 million yen of new shares to Blog Business Fund operated by GMO Venture Partners.

Istpika started business of social applications development for Facebook and iPhone since January of 2009. Its iPhone application, gottaDo was chosen as top50finalist at fbFund2009, Facebook's investor contest. Recently the company also focuses on domestic SNS such as mixi and mobage.

Istpika has an office in Australia as well and does business for both home and abroad. It plans to provide a new mobage application in this May or June.

Venture Now 3/26, 2010

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