Tech Company Financing Transactions
Shakr Funding Round
Shakr, based in Seocho-gu Seoul, secured $3 million in funding from POSCO Venture Capital and private investors.
Transaction Overview
Company Name
Announced On
5/9/2014
Transaction Type
Venture Equity
Amount
$3,000,000
Round
Series A
Investors
Proceeds Purpose
With this latest funding, Shakr will expand its motion graphics marketplace and push more heavily into the advertising sector.
Company Information
Company Status
Private & Independent
Industry
Digital Media & VR & AR
Mailing Address
Seocho-daero 397 808
Seocho-gu Seoul, 137-070
South Korea
Seocho-gu Seoul, 137-070
South Korea
Phone
Website
Email Address
Overview
Shakr Media Co., Ltd. offers an online video creation service which takes users' multimedia content from the cloud and/or social media, and automatically turns it into professional looking videos. The company was founded in 2011 and is based in Seoul, South Korea.
Management Team
Browse more venture capital transactions:
Prev: 5/9/2014: InsideTrack venture capital transaction
Next: 5/9/2014: Dent-Chew Brush venture capital transaction
Share this article
News on VC Transactions
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs