OPENREC, Inc.

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OPENREC, Inc. - overview

Established

2022

Location

Tokyo, -, Japan

Primary Industry

Software

About

Founded in 2022 and based in Tokyo, Japan, OPENREC, Inc. operates as a provider of web solutions that allow users to stream live gaming events and upload other original content. In May 2024, OPENREC, Inc. raised venture debt funding from investors Shoko Chukin Bank, MUFG Bank, and Resona Bank.


This round was part of a larger JPY 2. 4 billion in equity and debt funding. As of 2024, the company is being led by its CEO Yo Hyodo.   OPENREC.


tv is a live streaming platform where users can enjoy game commentary and live broadcasts. It provides exclusive content, including unique streams and events, while ensuring a comfortable viewing environment that fosters fan interaction. Additionally, the platform supports hosting online events and producing merchandise. The company intends to use the May 2024 funding to develop its branding and its offline event services.


Current Investors

Pegasus Tech Ventures, Accord Ventures, Nomura SPARX Investment

Primary Industry

Software

Sub Industries

Event Management, Social Networking & Communication Platform, Music & Video Streaming Software

Website

www.openrec.co.jp/

Verticals

Mobile Apps, Social Media

Total Amount Raised

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