COLORFUL BOARD Inc. announced that it has received ¥800 million in a round of funding on April 3, 2017. The company signed a capital and business alliance agreement with a new investor TSI Holdings Co.,Ltd. (TSE:3608). The transaction also included participation from MIC and Vinx corp.

(TSE:3784). Pursuant to the transaction, TSI Holdings Co.,Ltd. acquired a stake of 4.4% in the company. The securities were issued by way of third party allocation.

The company has a total of 1,514,057 outstanding shares till date.