Jan 21, 2014

[The Bridge] Japanese mobile app developer Utagoe fundraises from KLab

Tokyo-based Utagoe, the startup behind mobile app Moment Diary (iOS/Android), announced yesterday that it has raised an undisclosed sum from gaming company KLab and its investment arm KLab Ventures. With the funds, KLab will take a 17.5% stake in the company. 
Moment Diary is a free journal app with a calendar, allowing you to make notes with timestamps, adding texts, images, videos, and even audio. Since its launch back in January of 2011, the app has acquired more than 24.1 million users on iOS and Google Play. In terms of their user demographics, Japan accounts for about 50%, and the rest are mainly from Korea, China, the Middle East, the US, Germany and Russia. Women in their teens and 20s make up the majority of their users. ...
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The Bridge  1/16/2014 [en]

  • 24 million is an impressive number. Klab develops mobile games to which it aims to bring some of the 24 million users particularly outside of Japan.
  • http://www.utagoe.com/en/index.html

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