Corporations piled into the recruitment cloud platform’s $2.8m round, an indication of how SaaS technology is rapidly gaining a foothold at Japanese companies.

A slew of corporates were among the 12 investors that helped Japan-based human resources (HR) software provider NetOn close a ¥360m ($2.8m) round today, another sign of how software-as-a-service (SaaS) technology is seeing unprecedented expansion in the country.

Online data portal All About, travel agency AirTrip, beauty product distributor Beauty Garage, enterprise chat tool provider Chatwork, digital advertising agency Digital Advertising Consortium and hosting server provider Sakura Internet all took part directly in the round.

AG Capital, Carta Ventures, NCB…

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Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.
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