STORE Camera announced that it successfully attracted Pre Series A investment worth 440 million KRW from BigBang Angels, Lotte Accelerator and ROA Invention Lab.
STORE Camera is a mobile app-based solution that enables product shooting to sales management just with a smartphone. Cameras, PCs, equipment, programs and specialists that were required to sell products online, can all be replaced by a single smartphone that will carry out the entire process.
On top of its basic product shooting and editing functions, STORE Camera provides a feature that removes the image background based on AI. Early this month, the company launched a beta service linked with shops on Android which allows products to be immediately registered on domestic and overseas online malls.
As of now, products can be registered on Korea’s Cafe24 and Southeast Asia’s LAZADA through the STORE Camera app, and features such as adding online malls, registering products at the same time, managing orders and inventory will be further added after the beta service ends.
STORE Camera’s service is planned and developed by staff with more than fifteen years of experience in e-commerce and professional image processing and AI developers. The current number of downloads in the app market is above four hundred thousand, of which more than 75% is overseas users.
“As a strategic partner of LAZADA, Southeast Asia’s top e-commerce company, STORE Camera was the only Korean company to be invited to the LAZADA Seller Conference 2018 held in Kuala Lumpur last September. This shows that the company is receiving a great deal of attention in the Southeast Asian market where e-commerce sales equipment and technologies are insufficient,” Seung-Hoon Lee, CEO of STORE Camera said. “With the investment and secured R&D fund, we will focus on expanding services and tapping into the global market through product data analysis and AI technology advancement.”