Classified Ads Site, JMTY, Raises 150M Yen From KDDI And Others / ＠Press

JMTY conducted allocation of new shares of about 150 million yen to KDDI's corporate venture fund, Mitsubishi UFJ Capital's operating fund and Infinity Ventures' fund.

JMTY was founded in February, 2011 to operate classified ads site. The service, JMTY launched in April, 2011. ...

JMTY has currently about over 200,000 monthly active users. ...

@Press 6/15/2012 [jp]

memo

• JMTY was founded by Infinity Ventures with 150 million yen, which is quite large amount in Japan for a seed stage startup. It is interesting to see how KDDI leverages the investment for its business.
• http://jmty.jp/