Sansan Inc., a Japanese contact management service provider, raised $14m (¥1.46bn) in funding.
The round was led by venture capital firm DCM, with participation from the Innovation Network Corporation of Japan, Nikkei Digital Media, Energy and Environment Investment, Inc., and GMO Venture Partners.
The company intends to use the funds to launch its service in the United States this month, to accelerate its expansion into international markets, as well as to further product innovation and marketing reach.
Launched in 2007 and led by CEO Chikahiro Terada, Sansan provides a cloud-based contact management service that allows business organizations to transcribe business cards, upload them into the platform and collaborate around critical business data – who met whom, when, where and why.
The company serves over 2,000 corporate customers in Japan.