Tuesday, August 25, 2015

Nok Nok Labs Adds $8M More In Series C

Palo Alto-based authentication software developer Nok Nok Labs said this morning that it has raised $8M in a second close of its Series C financing, bring its total raised to $16.25M. The new funding came from new strategic investors, including DaouKiwoom Group (South Korea), DOCOMO Capital (Japan) ,and Thundersoft (China). The rest of the round came from DCM Ventures, Lenovo Group, ONSET Ventures and Raven Ventures. DaouKiwoom Group's founder, Mr. Ik-Rae Kim, joins Nok Nok Labs' board with the funding. Nok Nok was founded by Ramesh Kesanupalli. More information »