Japan-based media entertainment firm Breaker has received a “significant” investment from Gumi Ventures, the corporate venturing unit of social gaming company Gumi, which also counts mobile social company Gree as a backer.
In conjunction with the funding, Breaker will also enter into a strategic partnership with parent company Gumi, which is itself backed by Gree, industrial product manufacturer Nissei and financial services firm Mitsubishi UFJ.
Breaker produces and streams video content that is primarily focused on fashion and music. The investment and alliance will allow Breaker to boost its presence in the online video entertainment market.
Alan Swarts, CEO of Breaker, said: “We’re a Japanese entertainment company with global aspirations. That’s why we’re honoured to be in partnership with such a pioneering and international company like Gumi. We look forward to developing an entirely new kind of entertainment together. ”
Breaker raised $2m in seed funding in January from Siemer Ventures, Dream Incubator, a strategic consulting and business development firm, On The Line and digital media producer DFR Asia.
DFR Asia originally created and launched Breaker, and plays an ongoing management role in the company.