GO Co., Ltd. announced that it has received ¥10.7 billion in funding from Ryobi Group, Fidelity Investments, Okayama Kotsu K.K., FreakOut Holdings, inc., The Goldman Sachs Group, Inc.
December 24, 2023
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On December 25, 2023, GO Co., Ltd. closed the transaction. The company received its second and final tranche, bringing the total funds raised in the round to ¥10,700 million. The tranche was led by new investor The Goldman Sachs Group, Inc., and included participation from new investor FreakOut Holdings, inc. The company raised money through third-party allotment.
FreakOut Holdings, inc. is a Japan-based company primarily engaged in the demand site platform business. The Company focusing on big data analysis technology which analyzes the behavior web log, advertising contact history data and purchase information in real time. The Company primarily provides DSP (FreakOut) and DMP (MOTHER) to improve the advertising effectiveness. In its DSP (FreakOut) business, it performs real-time placement transaction in Internet advertising, while it its DMP (MOTHER) business, the advertisers analyze the big data including site access data, advertising delivery data, membership data and purchase data using analysis software development by the company to support its marketing channel.
GO Co., Ltd. announced that it has received ¥10.7 billion in funding from Ryobi Group, Fidelity Investments, Okayama Kotsu K.K., FreakOut Holdings, inc., The Goldman Sachs Group, Inc.