NTT DOCOMO Ventures Fuels OPENREC's Growth with Strategic Investment
Deal News | Jan 21, 2025 | NTT DOCOMO Ventures Inc
NTT DOCOMO Ventures, Inc., based in Tokyo and led by President and CEO Jun Yasumoto, has invested in OPENREC, Inc., a company known for its streaming community platforms combining live game commentaries and experiential events. OPENREC.tv, the focal service of OPENREC, boasts a robust global audience and features a wide range of content created by various influencers including pop stars and voice talents. The platform held a significant event in March 2024, which drew 40,000 physical attendees and had massive online engagement with millions engaging with the streamed content. OPENREC is currently enhancing its community by extending its merchandise sales and integrating in-person activities. In contrast, NTT DOCOMO Ventures aims to leverage this partnership to bolster its entertainment and content business strategies by specializing in fan marketing and improving intellectual property management.
Sectors
- Technology
- Entertainment
- Media and Broadcasting
Geography
- Japan – Both NTT DOCOMO Ventures and OPENREC are headquartered in Tokyo, Japan, highlighting the investment's primary geographical location.
Industry
- Technology – The investment centers around a streaming platform (OPENREC.tv), which is part of the technology sector focusing on digital media and broadcasting.
- Entertainment – OPENREC's activities, including game commentary and live streaming, contribute to the entertainment sector by creating and distributing content for global audiences.
- Media and Broadcasting – OPENREC operates within the media and broadcasting industry by distributing original content and facilitating live events.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| NTT DOCOMO Ventures, Inc. | Investor | Company | NTT DOCOMO Ventures is a venture capital firm based in Tokyo that invests in innovative technologies and new business ventures. |
| OPENREC, Inc. | Target Company | Company | OPENREC operates OPENREC.tv, a platform for game commentary and live streaming with a global user base and a strong focus on original content. |
| Jun Yasumoto | President and CEO of NTT DOCOMO Ventures | People | President and CEO of NTT DOCOMO Ventures, overseeing the firm's investment strategies and operations. |
| Akira Hyodo | President and CEO of OPENREC | People | President and CEO of OPENREC, responsible for the strategic direction and management of the company. |