DCM invests Japan startup Tonchidot
DCM principal Osuke Honda has led a Series A, $4 million round in Tonchidot Corp., a Japanese-based startup that has captured tech interest for its augmented reality application. Also participating in the deal was seed investor Itochu Technology Ventures.
Honda said that the startup’s Sekai Camera became the number one mobile phone application in Japan shortly after its recent launch in September, gaining some 100,000 users within four days. The app gives...
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