Business

Seoul

KnowRe: Making Math Problems Smarter

By | Jan 24, 2013 at 8:00 am

Today, Korean startup KnowRe announced $1.4 million in funding from SoftBank Ventures Korea to help them bring their smart math education tool to the United States, soon after winning Google’s Global K-Startup Competition. Traditional math problems are problematic because they’re so complex. Take this…

Business

NYC

Noom Health Apps Raise $2.6M, Expand to Korea

By | Dec 18, 2012 at 1:44 pm

  Noom, the creators of health apps for Android with 15 million downloads, today announced $2.6 million in funding led by UK venture capital firm m8 Capital. The New York startup will also be opening an office in Korea and customizing its apps for…

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Android

Seoul

Moglue, an Ebook Startup from Korea, Tries to Go Global

By | Nov 11, 2012 at 10:00 am

TaeWoo Kim, the CEO and founder of Moglue, speaks with a thick Korean accent. But it seems to have gotten better since last year, when I met him in Korea. It’s probably because he’s been doing so much practicing. With a team of 12,…

Entrepreneur

Seoul

Weekend Inspiration: “I Wasn’t Really a Big Corporation Guy”

By | Jul 1, 2012 at 10:00 am

Now that Korean entrepreneur Jacky Lee has found the right job, he hopes to help other frustrated employees do so as well. Lee worked at Korean mega-corporation LG before quitting his job 2 years ago. “I wasn’t really big corporation guy,” he says, in…

Social Good

Seoul

To Compete with Google, Korea’s Ecobe Will Give Away 40% of Its Gross Profit

By | May 22, 2012 at 9:00 am

In Ecobe’s DEMO pitch, VP Joseph Stanfield called Google greedy and outlined his vision for a more fair search engine. Afterward, two young Google engineers came over to chat – they were curious, and “perfect gentlemen,” Stanfield recalls – and they had a philosophical…

Android

Seoul

Meeple Helps Korean Students Cope with High-Pressure Education System

By | May 10, 2012 at 11:00 am

Korean students study too much – or at least the Korean government thinks so, according to a 2011 Time magazine article where officials patrol for students studying at “cram schools” after 10 pm. Cram schools offer tutoring so students can ace entrance exams and…

Startup

Seoul

No Time to Read Lonely Planet? Travel Site Unanchor Plans Your Sightseeing for You

By | Nov 15, 2011 at 10:18 am

I’ve been on the road in Asia for over two months, and much of that time has been spent doing travel research in Lonely Planet or Wikitravel and asking hostel owners for recommendations. I’ve gotten lost multiple times in a maze of Chinese and…

Software

Seoul

Shakr Media Automatically Generates Videos from Text

By | Nov 1, 2011 at 3:24 pm

Instant video creator Shakr Media, one of the finalists at TechCrunch Disrupt Beijing, launched yesterday. “We’re going to power video for the little guy – people that don’t have access to expensive video editing software or the appropriate training, like a local newspaper,” says…

Entrepreneur

Seoul

Why Google Failed and the iPhone Won in Korea

By | Oct 21, 2011 at 10:12 am

After over a decade, many sources put Google’s desktop market share in Korea at 2%; Yahoo! captures about 6%. Nokia left Korea in 2003, unable to compete with Samsung and LG, and Walmart began withdrawing in 2006, failing to adapt to local supermarket culture….

Games

Seoul

Korea’s Paprika Lab and Gaming Culture in Korea, Japan, and the US

By | Oct 7, 2011 at 11:30 am

Since 2009, Seoul startup Paprika Lab has raised US$3 million in funding and grown to 26 team members; they are now preparing to launch a third game. In that time, they’ve also gained some insight about gaming culture across the world. “People in each…

Startup

Seoul

PartyMonster Nightclub Discounts: A Group Buying Site with 1 Sales Guy

By | Oct 6, 2011 at 9:30 am

“It’s all about the people” is a phrase I’ve heard several times in Korea, and it also helps explain Seoul startup Partymonster, which offers discounts in one of the most social, “who you know” industries: nightclubs. “The lofty goal is to become what Live…

iPad

Seoul

Make Animated eBooks with Moglue, Founded by 22-Year-Old Korean

By | Oct 3, 2011 at 10:00 am

Korean startup Moglue, a platform for writers to build interactive ebooks, was inspired by the pop-up books that cofounder TaeWoo Kim remembers reading as a child. And that wasn’t so long ago: he is 22. “We allow users to create their own interactive ebook…

Startup

Seoul

AdbyMe Raises Half Million for Controversial Social Advertising

By | Oct 1, 2011 at 12:00 pm

AdbyMe just announced US$500,000 in investment by Stonebridge Capital for a controversial idea: social advertising, where users create ads to share with friends. “We’re trying to focus on crowdsourcing creativity,” says cofounder Josh Kim. “People can actually join the system.” AdbyMe’s first round of…

Entrepreneur

Seoul

Growing Incubator in Korea Co-Founded by Ex-Googler

By | Sep 29, 2011 at 9:02 am

Hanging out in central Seoul, on the third floor of an inconspicuous office building, is Richard Min. After once consulting for Google on operations in Korea, Min is now kickstarting Korean startups at Seoul Space, an incubator he founded with investor Chong-pil Yim and…