Bitcellar, Buyer Of FxCamera, Raises 420M Yen From Jafco /Cnet Japan

Bitcelllar develops a storage service, Cellar, to store photos which is explosively increasing backed by smartphone penetration on cloud. The startup company announced acquisition of FxCamera, camera app for Android with over 15 million downloads worldwide on April 11th. ...

Cnet Japan 4/27/2012 [jp]

memo

• 420M yen is one of the largest deals recently for Internet startups. In addition, the company has not launched the storage service yet. This is very rare case for Japanese startup scene and it is expected that there will increase such type of deals.
• http://thebitcellar.com/