NTT and AP-backed 1st Holdings support Cloud computing techs
NTT Investment Partners, an investment arm of Japanese telecom company NTT Group, will invest JPY113 million ($1.35 million) into Midokura, a cloud-specialized software company. Also in the deal are listed data centre Bit-isle, and 1st Holding, a list software marker that is also a portfolio company of Japanese private equity firm Advantage Partners.
A number of angel investors also participated in this round of financing. Tokyo-based Midokura was founded in 2010 by a number of IT engineering veterans, who had worked with leading Internet companies...
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