Tech Company Financing Transactions
SmartNews Funding Round
SmartNews, based in San Francisco, raised $38 million from Development Bank of Japan and SMBC Venture Capital.
Transaction Overview
Company Name
Announced On
7/12/2016
Transaction Type
Venture Equity
Amount
$38,000,000
Round
Series D
Investors
Development Bank of Japan (Lead Investor)
Proceeds Purpose
The new funds will be used to accelerate growth, hiring and business development, and to expand research and development of SmartNews's specialized machine learning technology for news discovery.
Company Information
Company Status
Private & Independent
Industry
Mobile
Mailing Address
144 Second St. 2nd Floor
San Francisco, CA 94105
USA
San Francisco, CA 94105
USA
Phone
Undisclosed
Website
Email Address
Overview
News should be for everyone. But not when it's buried under cat videos--or when your internet is spotty--or when it's in a filter bubble. That's why we created SmartNews. Our mission is to discover and deliver quality stories to the world. To accomplish this:
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Kaisei Hamamoto
Co-Founder
Ken Suzuki
Vice President
Richard Jaroslovsky
VP - Bus. Development
Atsuo Fujimura
VP - Bus. Development
Yuichi Kawasaki
VP - Finance
Kohei Katada
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