Aug 23, 2011

Social Gourmet Site, Retty Raised 22M Yen From VC And Angel /Venture Now

Retty revealed that it conducted an allocation of new shares of 22 million yen in total to CyberAgent Ventures and an angel investor.

Retty is a seed startup founded in November 2010 and launched the social gourmet service in this May. Retty allows users to make list of restaurants which they have visited or want to visit and share with other users. With Facebook or Twitter account, users enjoy through a browser of PC or smartphone for free.

The company will use the capital for development resources. It also plans to release iPhone/Android application in September. ...

Venture Now 8/23/2011

memo
  • Among restaurant search service, Gurunavi and Tabelog are popular in Japan. Gurunavi focuses on information provided from restaurants, and Tabelog is based on reviews from users. Retty could be called a social media version of Tabelog.
  • CyberAgent Ventures invested in FrogApps as well in this month. 

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