Fenox Venture Capital of San Jose, Calif., has invested in the Tokyo-based flash animation company Dream Link Entertainment in a $5.7 million round.
Fenox Venture Capital announces investment in Dream Link Entertainment, Inc. the largest flash animation company in Japan. Fenox’s investment and expertise will help Dream Link Entertainment (DLE) penetrate the North American market and establish a strong global presence.
Having raised a total of $5.7 million from its team of investors, DLE provides comprehensive business solutions for clients who require creative multimedia design, development, production, and distribution as part of their marketing strategy. Since 2001, their acclaimed animation studio has generated over 100 original characters and 2,000 episodes, including animations that won ‘Best Animation’ and ‘Best Director’ at the New York International Independent Film and Video Festival.
“DLE is one of the most innovative and successful flash animation companies in Japan, and we believe that DLE has great potential to be a successful company in the global market,” said Anis Uzzaman, Co-Founder of Fenox VC. “Our team and I are very pleased to be working with DLE.”
“Working with the right global partner is one of the most important decisions as we begin to expand our business into the North American market,” said Ryuta Shiiki, CEO of DLE, Inc. “Fenox VC is the best partner to assist DLE with our global expansion. Anis and his team have an innate understanding of the Japanese culture and an unparalleled network in the US and Europe.”
About Fenox Venture Capital
Fenox Venture Capital is a global VC, headquartered in Silicon Valley and focused on providing seed, venture, and growth-stage funding to emerging technology companies in North America, Asia, and Europe. Fenox VC invests globally in the consumer internet, retail and software sectors. Among its recent investments are Lark, 99dresses, Bottlenose, Socialize, Roximity, Incident (gTar), and Optilly.
Established in 2001, Dream Link Entertainment (DLE) was created with the vision of becoming a global entertainment company. DLE is currently the No.1 Flash animation studio in Japan, delivering shows and characters for television, web, ads, social networking, games and other media. Headquartered in Tokyo, DLE has access to the best talent in Japan and is currently developing co-productions and co-ventures in Taiwan, Southeast Asia, the Middle East, China, and the United States.
SOURCE: Fenox Venture Capital