Japanese developer and provider of marketing platforms, Micoworks Inc., has raised JPY 3.5 billion ($24.5 million) in a Series B funding round led by Vertex Growth. Other participating investors included JAFCO Group, Mitsubishi UFJ Capital, SMBC Venture Capital, and Mizuho Capital. This brings the total raised by the company to JPY 6.3 billion ($43.94 million), with plans to use the funds to enhance product features and expand into the Asian market. Micoworks is setting up development teams in the Philippines and Taiwan and aims to integrate its platform with popular communication channels in Asia, including LINE. The company currently offers the MicoCloud and Micomii marketing platforms, which optimize communication between companies and customers to maximize brand value.
Japan’s Micoworks hits the jackpot with $24.5M in Series B funding!
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