Services

Rebright Partners, the Japan-based incubator and mentoring fund led by serial entrepreneur and VC professional Takeshi Ebihara, is investing the firm's latest fund in consumer-focused mobile and internet start-ups in south-east Asia's more burgeoning technology markets.

Globis Capital Partners, the corporate venturing unit of Japan-based global corporate management education business, and GMO Venture Partners, the corporate venturing unit of Japan GMO Internet Group, both see a growth trend in crowdsourcing or outsourcing of designers, engineers and IT specialists in their local market of Japan. Their latest $2.9m seed investment in Japan-based Lancers illustrates that trend.

Five9 raises $34.5m in new funding, $22m in a Series D round from SAP and $12.5M in a bank revolver debt facility.

Radio app TuneIn has raised $25m in new funding led by IVP, with involvement from return backers Google Ventures.

Roku Ready devices access the Roku 3 platform, which streamed more than one billion hours of video and music last year, through the Roku Streaming Stick.

Digital Advertising Consortium (DAC), a Japan-based media organisation, also participated in this round alongside SingTel.

The other investors beyond AOL included venture capital firms Cloud Capital Partners and Acceleprise Ventures and angel investors

Alongside Comcast Ventures in the round were venture capital firms Catalyst Investors, which led, New Enterprise Associates (NEA), Valhalla Partners and Pinnacle Ventures.