HIIP Company Limited announced that it has received funding from Vnet Capital Co. Ltd, Vulpes Investment Management Private Ltd, Rentracks Co.,Ltd., Japan Strategic Capital Co., Ltd
March 24, 2019
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HIIP Company Limited announced that it has received a seven digit investment in a round of funding led by new investor, Vnet Capital Co. Ltd on March 25, 2019. The transaction also included participation from Vulpes Investment Management Private Ltd, Rentracks Co.,Ltd. (TSE:6045), and Japan Strategic Capital Co., Ltd.
Rentracks CO.,LTD. is a Japan-based company principally engaged in Website consulting business and Internet media business. The Company operates in two business segments. Performance-Based Advertising Service segment operates the performance-based advertising service Rentracks mainly as an Internet advertising service for PCs and smartphones. The Segment adjusts performance fees between advertisers and advertising media, collects and manages payments for confirmed performance fees. Search-Linked Advertising Agency segment acts as an agency for search-linked advertising, selects and manages keywords and adjusts the advertising time. The Company is also involved in sales and brokerage business of used construction machinery, media planning and operation business, search engine optimization (SEO) business, personnel evaluation system and education & training business, electronic commerce (EC) business, as well as system development and overseas expansion business, among others.
HIIP Company Limited announced that it has received funding from Vnet Capital Co. Ltd, Vulpes Investment Management Private Ltd, Rentracks Co.,Ltd., Japan Strategic Capital Co., Ltd