In April 2010, NTT Investment Partners, a corporate venturing unit of the Japan-based phone operator Nippon Telegraph and Telephone, made a $2m equity investment in Ubitus after the companies entered a strategic alliance the year before.
Ubitus, a Taiwan-based provider of online gaming services, has raised $15m from a consortium including Korea-based conglomerate Samsung’s corporate venturing unit.
The other investors alongside Samsung Venture Investment Corporation were undisclosed beyond being “multiple international leading investors”.
In April 2010, NTT Investment Partners, a corporate venturing unit of the Japan-based phone operator Nippon Telegraph and Telephone, made a $2m equity investment in Ubitus after the companies entered a strategic alliance the year before.
Samsung said it would support Ubitus in…
