Founded in 2007 and based in Seoul, South Korea, IDG Ventures Korea manages a $100 million fund focused on growing companies in the local and global markets. The firm has a particular interest in the IT sector and has invested in companies such as Cardoc, Mykoon co.,ltd., Touchring Co., Ltd., and XRONet. They typically invest during series A, seed, and venture rounds, with investment amounts ranging from $100k to $4 million. With a target of 30 to 50 investments, IDG Ventures Korea aims to support the growth of companies in various sectors, including media, environment, health care, TMT, education, content-creation, and services.