Keyno Rights secures 2.5 billion KRW in a pre-Series A funding round to enhance its integrated OTT search and recommendation services, backed by existing and new investors.
Target Information
Keyno Rights, a company offering integrated search and content discovery services for online video streaming (OTT), has successfully raised 2.5 billion KRW in a pre-Series A funding round as announced on the 22nd. Established in 2018, Keyno Rights provides users with a seamless way to find and connect to streaming services such as Netflix, Disney+, Wave, Tving, Watcha, and Coupang Play, allowing instant access to movies, dramas, and TV shows.
Since its inception, Keyno Rights has seen significant growth, surpassing 300,000 cumulative app downloads last year. The company was also recognized as one of the top three developers in the 'Changgu' program, supported by Google Play and the Ministry of SMEs and Startups, further attesting to its potential in the market.
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Industry Overview
The OTT industry in South Korea has experienced rapid expansion, driven by increasing consumer demand for diverse content and accessible streaming options. With t
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Disclosed details
Transaction Size: $23M