Corous360 Pte. Ltd., a Singapore-based online gaming cloud service provider, has raised SGD$1m in venture capital funding from Gobi Partners.
The company, a subsidiary of DeClout Pte. Ltd, a holding company that comprises a group of IT and cloud service providers in Southeast Asia, intends to use the funding to accelerate its regional expansion plans as well as enhance service offerings to publishers, developers and gamers.
In conjunction with the funding, Mr Kay-Mok Ku, general partner of Gobi Partners Singapore, will join the company’s board.
Led by Winston Koh, CEO, Corous360 offers a cloud-based gaming deployment platform that consists of three major components:
– the Games Cloud infrastructure that provides a highly scalable platform for direct deployment of game titles into the Southeast Asian markets;
– a Unified Payment Infrastructure that offers a one-stop solution for game publishers to access different payment methods and distribution channels; and
– a Gamers Community Portal that serves as a one-stop platform for gamers to interact with one another and access relevant services and games content.