【Corporate Announcement】LINE to Fund App-Developer TriFort via LINE Game Global Gateway

2015.06.16 Corporate

Tokyo, Japan – June 16, 2015 – LINE Corporation, owner and operator of the free call and messaging app LINE, has announced their decision to invest in TriFort, Inc., a developer specializing in social and smartphone apps, via “LINE Game Global Gateway,” the game investment fund operated by LINE subsidiary, LINE Ventures Corporation. 

 

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Since LINE GAME launched in November 2012, LINE has accelerated its expansion both in Japan and overseas by offering a robust pipeline of games—developed both in-house and by third-party companies—to users worldwide through the LINE platform. Recently, LINE has expanded its focus on growth to the global stage, and in September 2014, created an investment fund entitled the LINE Game Global Gateway to target Japanese domestic game content and game development companies, as part of efforts to expand its gaming business.

 

TriFort, the newly named recipient of investments from LINE’s game fund, has created numerous game titles, primarily through joint development with or contracted development for other companies. LINE is extremely impressed with the development prowess of TriFort, and decided to invest in the company so that they can work together to deliver great content to users around the world. 

 

LINE will continue to financially support Japanese game development companies that create high-quality content, and will also continue to actively support international expansion through the LINE GAME platform to help Japanese-developed content achieve success on the world stage. 

 

Overview of TriFort, Inc. 

Representatives: Co-Founder/CTO Yasuaki Omata

Co-Founder/CEO Shintaro Otake

Headquarters: E Space Tower 4th Floor, 3-6 Maruyamacho, Shibuya Ward, Tokyo, Japan 

Founded: August 2, 2012

Capital: 424,000,080 yen (includes capital reserves) 

Business Description: Development and operation of smartphone apps, operation of managed cloud service 

 

Overview of LINE Game Global Gateway

Official Title: LINE Game Global Gateway Limited Investment Partnership

Investment Targets: Japanese domestic game content and game developers

Total Capital: JPY 10,000,000,000 (Note: Scheduled scale of investment for all fund projects)

Operator: LINE Ventures Corporation