Tokyo, Japan, April 10, 2015 --(PR.com
)-- Adinnovation Inc., today announced that it has reached an agreement with Teneighty Inc., that Adinnovaiton will underwrite the entirety of a third-party allotment of new shares to be conducted by Teneighty.
Teneighty is a venture company established in October 2014 with the purpose of promoting smartphone content distribution. With its development and operation knowledge specialized in smartphone contents, it has been dealing not only with contents developing companies in Japan, but also with companies all over the world, offering contents resourcing, localization and distribution for the Japanese market.
Adinnovation, by its forte of various promotion supporting services, will be offering marketing support to Teneighty.
Through this agreement, Adinnovation aims to provide information on its key target countries such as Russia and China, and strengthen its marketing capability based on its experience as one of a leading ad agencies in Japan.
Established in 2010, Adinnovation is the leader in Japan’s smartphone advertising industry. The company specializes in smartphone application and mobile advertising marketing promotion, implementation, management, tracking, and media site monetization. After having raised $1.6 M in a round of Series A venture capital funding, Adinnovation has begun expanding into China, Southeast Asia and several other markets and has partnered with Digital Advertising Consortium (DAC), raising an undisclosed sum of funding from the latter. In 2014, the company opened an office in Moscow, Russia. The company started an app publishing business, supporting Chinese gaming app developers looking forward to entering the Japanese market.
Visit http://adinnovation.co.jp/en for more information.
Trade Name : Adinnovation Inc.
Company Website : http://adinnovation.co.jp/en
Date of Establishment : 15th March, 2010
Representative : Hiromitsu Ishimori
Headquarters : 6th Floor, Nakameguro GS Building, 2-9-1 Kamimeguro, Meguroku, Tokyo
Teneighty Inc., has established as a contents publishing company. It has positioned the mission, ‘Bringing exceptional contents from Japan to the world, from the world to Japan’ as a core business, and delivers ‘amusing’ moment to web users all over the world by making excellent use of its contents producing capability, operation knowledge, and technical strength.
Trade Name : Teneighty Inc.
Company Website : http://teneighty.asia/
Date of Establishment : 31st October, 2014
Representative : Takayuki Fujisaki
Headquarters : 2-51-3, Takamtsu, Toshimaku, Tokyo
Takayuki Tabata, Chief Financial Officer
Minoru Yanai, Global Strategist