Founded in 1992, Naray Mobile Telecom is a South Korean corporate investor that focuses on investing in startups in the software and telecommunications industries. With its main office in Seoul, the fund typically participates in less than 2 investment rounds per year and prefers to invest in startups that are less than 1 year old. Some of the notable portfolio startups of the fund include HeyAnita. The fund usually invests in rounds with 5 participants and has received investments from sponsors such as TriGem Computer, SoftBank Capital, and Mobius Venture Capital. Although the fund was founded in Asia, its most frequent investments are in the United States.