Aug 6, 2014

[The Bridge] Japan’s ‘viral mills’ Curazy raises $1 million from three investment firms

Tokyo-based BitGather, the startup that operates viral content site Curazy, announced earlier this week that it has fundraised 100 million yen (approximately $1 million) from CyberAgent Ventures, DeNA, and Skyland Ventures. Coinciding with this announcement, the company rebranded its company name from BitGather to Laugh Tech. They will use the fund to hire new writers and editors, and are also planning to introduce a mobile app for iOS and Android in mid-August. 
Curazy has been focused on curating funny news topics from around the world. Since its launch in January, it has acquired over 5 million monthly unique users and over 19 million monthly page views. According to Laugh Tech’s co-founder and CEO Shinnosuke Ito, what’s unique about them is that they have a primary base of readers in their 30′s, and its male to female ratio is almost 50/50. ...
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The Bridge 7/12/2014 [en]

  • Viral media is rapidly growing in the past several months. Many similar services have been appeared but Curazy may be one of the leading sites. It is interesting to see how long the site can keep the rapid growth.

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