Last deal

$8.6M

Amount

Series A

Stage

17.11.2015

Date

2

all rounds

$10.6M

Total amount

General

About Company
Hyperconnect is a global social platform company that provides video and AI-powered products.

Industry

Sector :

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Also Known As

HPCNT

founded date

01.03.2014

Number of employees

Company Type

For Profit

Last funding type

Series A

IPO status

Private

Description

Based in Seoul, South Korea, Hyperconnect’s mission is to "connect people through shared interests and creating enjoyment" and its vision is to power a "Hyperconnected humanity free from loneliness." The company has a global team of 350+ employees from 20+ nationalities across 7 global offices and generates 90%+ of its revenue in markets outside of South Korea. With its flagship product, Azar, the company pioneered a new era of social discovery as the world’s first app to commercialize WebRTC technology for mobile. Azar is now one of the largest video communication platforms in the world, having generated over 500 million downloads and 90 billion new connections. Hyperconnect’s latest hit product, Hakuna Live, is a social live streaming service with over 15 million downloads. Hyperconnect’s products are powered by the latest in machine learning-based image and video technology, which creates an exciting and engaging experience for users – while ensuring the highest standards of community safety.
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