KidariStudio, Inc. announced that it has received KRW 4.8999958 billion in funding from Korea Investment Partners Co. Ltd., History Investment Co., Ltd., Hana Ventures
September 24, 2019
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On September 25, 2019, KidariStudio, Inc. (KOSE:A020120) closed the transaction. The company issued 551,180 common shares for gross proceeds of KRW 2,099,995,800 in its second tranche closing.
KidariStudio Inc, formerly Daouincube, is a Korea-based company engaged in the provision of technological solutions to publishing industry. It provides solutions for creating rich media contents deliverables for multi-channels including tablet personal computers, smart phones and other interactive electronic devices. It operates two business divisions. Its Quark division specializes in domestic operation and marketing for QuarkXPress products and Quark solutions, which are software used in desktop publishing (DTP) electronic publishing and editing sectors. Its E-Book division provides conversion solutions, which enables automatic conversion of original publication made by QuarkXPress to ePub files. On February 20, 2014, the Company sold its entire shares of Smartphy, a Korea-based company engaged in the manufacturing of semiconductor development.
KidariStudio, Inc. announced that it has received KRW 4.8999958 billion in funding from Korea Investment Partners Co. Ltd., History Investment Co., Ltd., Hana Ventures