Singapore-based AnyMind Raises $13.4 Million for Expansion
A Singapore-based AI company AnyMind Group has secured funds amounting to $13.4 million in a funding round. This round was led by Line, the Japanese messaging app firm, and Mirai Creation Fund, which is backed by Toyota among others.
The company that uses AI in online advertising, HR and marketing is planning to use these funds for its growth in Japan and other Asian markets. Other backers such as JAFCO and Dream Incubator also took part in this round.
AnyMind uses AI to offer ad solutions to publishers and advertisers and also to its newer businesses TalentMind (HR) and CastingAsia, influencer marketing. Founded in April 2016 by Kosuke Sogo and Otohiko Kozutsumi the company claims to be profitable since early 2017. It said total revenue for 2017 was $26 million, up from $12.9 millio...