Korean startup ESTmob snags $1 mln seed funds

Seoul-based ESTmob, which is behind the cross-platform file-sharing service Send Anywhere, has closed $1 million in seed funding. Rakuten Ventures led the round.

PRESS RELEASE

Seoul, Korea (May 12, 2014) – ESTmob, a Seoul-based startup company behind Send Anywhere has announced that it received a $1M Seed round led by Rakuten Ventures, with participation by various angels.
Product
Send Anywhere is a cross-platform file sharing service, which allows users to easily share digital content peer-to-peer in real-time, without saving to a cloud storage. Simple pairing between two devices (sending and receiving) with a temporary generated key confirmation. The service requires no registration or login, mostly targets the multi-device using people in the world. Instead of syncing to a cloud server, Send Anywhere finds the optimal direct transferring path regarding device locations and various network conditions.
Available for free online service and mobile app on both Android and iOS.
Company
ESTmob was founded in 2012 by Yoonsik Oh (CEO), as a spun off company from ESTsoft. Oh started the company after 12-years engineering experience at ESTSoft.
ESTmob is currently a team of 4 members, Oh and 3 other co-founders – Kyeongho Lee, Haeil Park and Suhyuk Kang.
Investors
SaeMin Ahn, Managing Partner at Rakuten Ventures, led the round with 4 angel investors.
SaeMin will be connecting networks that the company needs to succeed in global markets.
Andrew McGlinchey brings a wealth of knowledge in the field of data-driven product management.
Andy Warner is a 3-time founder, angel investor and is currently works in the Technical Infrastructure group at Google.
2 Korean angels will help executing various startup supporting programs from Korean government.

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