- South Korea
- Founded 2015
Raising $ 1,000,000
Funding will be used to build and grow Slide business in UAE.
• We recently made a strategic alliance with Etisalat, #1 telecommunication company in MENA, to launch Slide in UAE first on Dec 1st, 2017 (and in other MENA countries later).
• Etisalat will promote Slide to its users and we will share advertising revenues.
Founding StoryAfter exiting our previous startup to Kakao in early 2014, we kept looking for new venture opportunities in global markets. After witnessing fast growth in smartphone penetration in India and Paksitan, we wanted to bring proven mobile business models from South Korea, where we had experienced similar growth before. Fortunately, one of our friends introduced co-founder candidates from India and Pakistan, who all had much experiences in local advertising businesses. Together, we co-founded a new startup called 42 company in late 2015.
Company DescriptionTeam in Korea is composed of 8 software engineers and 2 product designers. Most of us have been together since university and co-founded a previous startup which developed two mobile apps over 1M user base in Korea, ending up being acquired by Kakao in 2014.
Our co-founders in India and Pakistan are veteran in local advertising/mobile industry. They bring advertisers to Slide and are also responsible for user acquisitions and operations.
|Sungwon Lee||Sungwon is CEO of 42 Company. After graduating from Seoul National University, he cofounded Ultra Caption Corp. Ultra Caption Corp was acquired by Kakao in early 2014, while he was CEO of the company. After a year, Sungwon cofounded 42 Company with the same team to start the new venture in India and Pakistan.|
KRW 4.2 billion | October 2016 | Series A
|Songhyun Investment||South Korea|
|Kbridge||Hydro power plant + long span concrete bridge||South Korea|
|Seoul Investment Partners||South Korea|
|Mega Investment||South Korea|
|Midasdong-a Investment||South Korea|
|KDB||REQUIRES ROOT ACCESSAlso supports systemless rootTurn on hidden the DoubleTap2Wake (DT2W) feature on your Huawei Nexus 6P without having to flash a custom kernel or ROM!DoubleTap2Wake lets you turn on your device's screen by simply double tapping it. No need to touch a single button or access the fingerprint sensor.NOTE: This app was developed only for the Huawei Nexus 6P, and does NOT support other devices.• Ultra-simple, clean Material UI• Automatically set DT2W on boot since Android resets it by default on rebooting. Requires in-app purchase (PRO)• Option to disable notification on boot• Works on all ROMs and kernels. No need to flash anything!WARNING: Turning on DT2W can lead to increased battery drain, extent of which is unknown as of yet. Please use with caution.Send your feedback to the developer at PlayDevKDB@gmail.com· "Nexus" is a registered trademark of Google Inc.|
KRW 700.0 million | December 2015 | Seed