Naver

Naver

Signal active

Investment Firm

Overview

Naver operates as a search engine and e-commerce platform providing fintech, digital content, and cloud services.

The company introduces innovative search services such as ‘Comprehensive Search,’ ‘Knowledge iN,’ and ‘Real-time Rising Keyword.' It also offers UGC services such as Blog and Cafe; Junior Naver, a children’s portal; Happybean, an online donation portal. NAVER launched its Webtoon service in June 2004 and has pioneered the distribution and consumption of webtoons, also known as digital comics. In addition, NAVER also offers services for the global market, including the mobile messenger LINE through LINE Corporation, NAVER’s subsidiary; the video messenger Snow; and the group communication service BAND.

NAVER is also involved in software development and distribution; performances and exhibitions business; mobile content development and distribution; search advertising; internet commerce and customer service business; the operation and security services of IT infrastructure; operating online shopping services, and mobile applications marketing.

Lee Hae-Jin and Lee Joon-ho headquartered the company in Seongnam, Kyonggi-do, South Korea in 1999.

Highlights

Founded

1999

Industry

Online Portals

Employees

1001-5000

Investment

102

Lead Investment

41

Exits

18

Stages

Late Stage Venture, Early Stage Venture, Seed

Investor Type

N/A

Location

Asia

Contact Information

Social

Profile Resume

Naver, established in 1999 and headquartered in Asia., specializes in Late Stage Venture, Early Stage Venture, Seed investments across Mobile, MMO Games, Casual Games, Audio, Consumer Electronics, Electronics, Information Technology, Software, Venture Capital, Artificial Intelligence (AI). The organization boasts a portfolio of 103 investments, with an average round size of $37.0M and 18 successful exits. Their recent investments include Aeria Games GmbH, Devialet, Playground Global, Bpifrance, Korelya Capital. The highest investment round they participated in was $191.8B. Among their most notable exits are Aeria Games GmbH and Devialet. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.

Employees

imagePlace Hae-Jin Lee

Hae-Jin Lee

GIO and Co-Founder

imagePlace Minho Ryu

Minho Ryu

Clova AI Research Intern

imagePlace Joon-ho Lee

Joon-ho Lee

Co-founder

imagePlace Sang-Woo Lee

Sang-Woo Lee

Research Scientist

Investment portfolio

Naver has made 102 investments. Their most recent investment was on Mar 23, 2023, when KREAM Corporation raised $171.5M.

investments

102

Diversity investments

1

Lead investments

41

Number of exits

18

Investments

102

Annouced DateOrganization NameIndustryMoney Raised
Feb 27, 2023
Cenacle Soft Cenacle Soft
Information Technology15.2M
Mar 23, 2023
KREAM Corporation KREAM Corporation
Information Technology171.5M
May 08, 2024
NXN Labs NXN Labs
Softwarenull
Jul 16, 2024
Deskera Deskera
Enterprise Softwarenull

Exits

18

Funding Timeline

Funding rounds

102

Investors

4

Funds

0

Funding Rounds

102

Naver has raised 102 rounds. Their latest funding was raised on Jul 16, 2024 from a Series B - Deskera round.

Annouced DateTransaction NameNumber of InvestorsMoney RaisedLead Investor
Feb 27, 2023
Series C - Cenacle Soft Series C - Cenacle Soft
-15.2M-
Mar 23, 2023
Series C - KREAM Corporation Series C - KREAM Corporation
-171.5M-
May 08, 2024
Pre Seed Round - NXN Labs Pre Seed Round - NXN Labs
-0-
Jul 16, 2024
Series B - Deskera Series B - Deskera
-0-

Investors

4

Naver is funded by 4 investor(s). KB Securities and Korea Venture Investment Corp Kantor are the most recent investors.

Fund raised

2

Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.

Annouced DateFund NameMoney Raised
May 10, 2013
fund image OTPPLESS
1.0M
May 11, 2013
fund image OTPPLESS
1.0M

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