MCN (Multi Channel Network) specialist Treasure Hunter announced its success in attracting an investment worth US$3.3m (KRW 4b) from DSC Investment. This announcement was made by Song Jae Ryong the representative from Treasure Hunter.
This follows investments of US$5.6m (KRW 6.7b) in May which was led by the company’s stategic partner 4:33 and three other venture capitals located in Korea and overseas. In total the company has raised nearly US$9m (KRW 10.7b) of investments. Through this investment, Treasure Hunter plans to propel its global business aspirations and branch out into Hong Kong and China in the 2nd half this year.
Ha Tae Hoon the executive director of DSC Investment commented “Treasure Hunter is the Korea’s first MCN specialist. We determined its business capability from the company's ability to achieving its goal according to the business plan".
DSC Investment Company is well known for its active and aggressive investments in supporting promising early stage startup businesses. Among their investments include Daum Kakao, Yellow Mobile, Flitto and Ybrain. The company has been in the spotlights after achieving profits within the first three years since establishment.