IMM commits $121m to Korea cloud business
IMM Investment is providing KRW 150bn (USD 121m) in Series A funding for Korean cloud computing business NHN Cloud at a valuation of KRW 1trn.
NHN Corp, the parent company of NHN Cloud, disclosed the investment in a regulatory filing. It coincides with Mirae Asset Venture Investment providing an additional KRW 50bn, according to local media....
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