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South Korea-based publishing and monetization platform for comic creators, DillyHub has raised $1.4 million in series seed round funding from SV Investment, Kakao Ventures, and Shinhan Capital.
In a statement issued, DillyHub said, “The company will use the new round of funding to grow and develop its fast-growing proprietary technology platform and for global expansion.”
Speaking on the funding in DillyHub, MinGoo Kang, Principal at SV Investment said, “What Jin and her team have developed over the last two years is hugely impressive and we’re excited to help them in becoming a global market leader. I am happy to have the opportunity to invest in an independent platform that is friendly to content creators worldwide.”
“Dillyhub has quickly developed itself to the go-to platform for independent South Korean comic artists and we were surprised by how quickly they gained organic traction amongst fans,” said Shina Chung, CEO, and partner at Kakao Ventures.
Commenting on the fundraise, Jin Park, CEO of Dillyhub said, “We see huge potential in Dillyhub’s global growth and we are excited to be a part of it.” “With a profound presence and background within the IT sector, these investors are the ideal partners to scale our business activities and to fulfill our ambition to become a global player.”