Press Release – CyberAgent Ventures, Inc. Establishes the New Office in Korea

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CyberAgent Ventures, Inc. (Headquarters: Tokyo, President & CEO: Soichi Tajima), a subsidiary of CyberAgent, Inc. (Headquarters: Tokyo, President & CEO: Susumu Fujita), announces the establishment of its new office in Seoul, Korea in August 2012.

CyberAgent Ventures, Inc. (CAV) has invested in over 30 Internet-related start-ups in Mainland China, Taiwan, Hong Kong, Vietnam, Indonesia and Korea. In Korea, CAV invested in Kakao Corp in 2011, which runs a messaging application named Kakao Talk with over 40 million registered users. CAV believes that the extremely high Internet and smartphone penetration as well as the abundant numbers of entrepreneurs make Korea a very promising market for CAV.

The establishment of the new office in Seoul will enchance CAV’s investment and incubation activities in the local market. After opening the Seoul Office, CAV now has offices in 8 cities including Tokyo, Beijing, Shanghai, Shenzhen, Taipei, Ho Chi Minh and Hanoi throughout the Asian market. CAV will fully utilize our experiences and resources accumulated through its global operation to further expand its venture capital business in Korea.

■ About CyberAgent Ventures Inc. Seoul Representative Office

Office Name: CyberAgent Ventures Inc., Seoul Representative Office

General Manager of Seoul Office: Hideyuki Ebihara

Schedule of Establishment: August 2012

■ About CyberAgent Ventures, Inc.

Company Name: CyberAgent Ventures, Inc.


Address: Akasaka DS building 3F, 8-5-26 Akasaka, Minato-ku,Tokyo. 107-0052

Founded:April 3, 2006

Capital Stock: 360 Million Yen

Chief Executive Officer: Soichi Tajima

■ For further information, please contact;

Hideyuki Ebihara

CyberAgent Ventures, Inc.


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