Retty, Inc. announced that it has received ¥330 million in funding from ITOCHU Technology Ventures, Inc., Mizuho Capital Co. Ltd, and other investors.
December 02, 2013 at 12:00 am EST
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Retty, Inc. announced that it has received ¥330 million in its series B round of funding on December 2, 2013. The transaction included participation from ITOCHU Technology Ventures, Inc., Mizuho Capital Co. Ltd., and other investors.
On December 2, 2013, Retty, Inc. closed the transaction.
Retty Inc is a Japan-based company mainly engaged in the operation of a real name gourmet platform Retty that accumulates restaurant recommendation information and restaurant information nationwide, and provides individually optimized restaurant information to users. Store information such as store data, real name recommendation data, browsing log data, follow-up and action data are stored in Retty. The Company is engaged in the provision of two services. The fun relationship management (FRM) service is a subscription business model in which a fixed monthly service fee income is earned from contracted restaurants. It provides online sales promotion services, advertising services and customer management systems. The advertising content services consist of advertising solutions that send Retty users to customers through tie-ups, ad technology and alliances, as well as content solutions that accumulate and provide content to cosmetics, apparel, travel, real estate and other industries.