Wednesday, December 14, 2011

Local graph iPhone application, Eyeland operator, Oceans conducted allocation of new shares to JAFCO and GMO Ventures. The amount is around 100 million yen. The company plans to uses the capital for development of Eyeland and hiring.

Oceans raised capital from NetAge on October 2011 as well. It was founded at September 16, 2010. Eyeland is a communication platform using local graph which connects users loosely based on location information. The service was launched at July 6, 2011. It does not require real name registration. Currently it is available in Japanese, English, Chinese, and Korean.

japan.internet.com 12/14/2011 [jp]

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