SBI led a Daekyo-backed round for cloud collaboration platform developer Toss Labs, whose earlier investors include Qualcomm and Softbank.

South Korea-based enterprise communications platform developer Toss Lab has secured $5.2m in a funding round led by SBI Investment, a venture capital subsidiary of financial SBO services firm SBI Group, AllTechAsia has reported.

Daekyo Investment, a subsidiary of educational technology provider Daekyo, also participated in the round, as did Evergreen Investment Partners and the state-owned Korea Development Bank.

Founded in 2014, Toss Lab operates a cloud-based occupational messaging platform for businesses called Jandi that facilitates group communication, collaboration and project…

Subscribe to go deeper

GCV subscribers get access to all our proprietary data and deep-dive articles, as well as the global directory of CVC investors.



Not sure if you have a subscription?