Expanding Sales and Overseas Business through New Investors and Improving Consulting Business –

Studist Corporation, a growing Japan-based SaaS provider of Teachme Biz, a platform for creating and sharing standard operating procedure (SOP) manuals, and Hansoku Cloud, a sales promotion PDCA management platform, announced on April 19 that it has raised a total of 1.85 billion yen through a third-party allocation of new shares.

In addition to existing investors DNX Ventures, Nippon Venture Capital Co., Ltd., and Salesforce Ventures, this round also includes three new investors: 31VENTURES — Global Brain — Growth I Project, a JPY 30 billion venture investment project jointly managed by Mitsui Fudosan and Global Brain, Pavilion Capital Pte. Ltd., a private equity fund under the Singapore government-owned investment company Temasek, and Hakuhodo DY Ventures Ltd.

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Source: NAM News Network