Coconala shows skills to raise $4.4m

Nov 30, 2015 • Julie Ann Aelbrecht

Sumitomo Mitsui Financial Group, Nippon Life and Voyage Group have joined the skills marketplace's investor base, which also includes Opt and Adways.

Japan-based online skills marketplace Coconala has raised ¥540m ($4.4m) in its second round of funding, which included financial services firm Sumitomo Mitsui Financial Group and insurer Nippon Life Insurance, The Bridge reported on Sunday.

Sumitomo Mitsui and Nippon Life, which took part through their SMBC Venture Capital and Nissay Capital units, were joined by Voyage Ventures, the corporate venturing arm of internet company Voyage Group, and investment firm Jafco.

Launched in 2012 as WeSelf, Coconala is an online platform where…

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