Tapas Media Raises $750K in Seed Funding

Tapas Media Inc., a San Jose, CA-based startup which operates an online destination for discovering and enjoying visual stories, has raised $750k in seed funding.

The investment was led by SK Planet, a wholly-owned subsidiary of South Korea’s telecommunications company SK Telecom, with participation from 500 Startups, Strong Ventures, and other angel investors.

Founded in 2012 by CEO Chang Kim and¬†inspired by the Korean web phenomenon “Webtoons”, a portal for serialized webcomics, Tapas Media has launched in beta offers Tapastic, a portal which works with artists and writers to create and share original stories in bite-sized, graphical formats optimized for web and mobile consumption. The company, which also offers an open platform for independent artists and writers to publish and distribute their works, plans to introduce a revenue-sharing program for content contributors.
Tapastic currently features more than 50 serialized visual stories covering action, comedy, drama, fantasy and lifestyle genres. New episodes are released on a set schedule, usually on a weekly basis.
It is available on the Web at Tapastic.com and as a free Android app, available today from Google Play. The iOS app will be available soon.

FinSMEs

18/11/2012

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