?Investment from Singapore-based international venture capital fund and technology incubator?
22th October, 2012
LCO-Creation Singapore Pte Ltd.
LCO-Creation Singapore Pte. Ltd. (Yuki Hiraki: Co-Founder & CEO, Co-Founder & COO: Saki Kobayashi) announced on 18th Oct 2012, a venture capital investment round in LCO, led by a Singapore-based international venture capital fund, TechCube8 and a Japan-based business angel.
-About LCO-Creation Singapore Pte Ltd
With the ultimate vision to provide ?virtual to real-life travelling experience? and ?stress-free travelling experience?, LCO-Creation Singapore Pte Ltd has launched a travel platform in November 2011, including Offline Application for Smartphone devices, TravelDoor ? (English / Japanese). Since the product launch, the company has been providing travel Apps for individual tourists traveling mainly to Asia, as well as group tourists and business travelers through its strategic partnership. In April 2012, the company has launched a bilingual marketing platform, ?Travel Door for Business?, for merchants in Southeast Asia which enables them to reach out bilingually to Japanese and international tourists through Offline App, Website and social media.
In August 2012, LCO-Creation officially relocated its headquarters to Singapore in order to accelerate their growth in Asia.
- Growth Capital
The primary purpose of the capital increase is to further expand sales network and to enhance technical / product development. Through this investment round, LCO-Creation Singapore Pte Ltd aims to expand its B2B business opportunities in Asia and to provide competitive Offline Travel Apps in the market. The company will be upgrading the Travel Door Apps for consumers by the end of 2012.
- For further inquiries, please contact
LCO-Creation Singapore Pte. Ltd.
info@lco-cration.com
Source: http://lco-creation.com/2012/10/vc_business-2/
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