Sansan Raises US$38m in Series D Funding

Sansan Inc., a Tokyo, Japan-based provider of cloud-based business card management services, raised US$38m (S$52m) in Series D funding.

Backers included Future Creation Fund, DCM Ventures, and Salesforce.com.

The company intends to use the funds for growth into new cities in Asia including India, and extend its market position through its business card management services for professionals and corporates.

Founded in 2007, Sansan provides a cloud based contact management service to over 6,000 premium corporate users including the Japanese Government (METI), Intel, Japan Post, Mizuho Bank, SAP, Seven & i Holdings, Sumitomo Mitsui Banking Corporation, Tokyo Gas, and Toyota. The company, which also¬†has a subsidiary Sansan Global PTE.LTD in Singapore since October 2015, began offering its business network based on business cards – Eight – in 2012. It today has over 1.5 million registered users. In September 2017, Sansan, Inc., will introduce and market the English version of “Eight” to Asia. Eight is a business SNS (Social Network Service) for professionals to digitalize and manage their business cards data.

FinSMEs

07/08/2017

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