Altos Ventures, legal advisory for Hyperconnect's investment by SoftBank Ventures.
Article posted in | VEAT
Hyperconnect is an IT (information technology) startup providing the mobile video messaging app Azar, based on WebRTC (Real Time Communication) technology.
Azar, launched in November 2014, has exceeded 30 million downloads. App users are also diverse, including Southeast Asia, Latin America, the Middle East, and Turkey. I's also used it, and the ability to video chat with people around the world in real time is really attractive. There was a significant difference in position between the investor and Hyperconnect regarding specific clauses in this investment.
Law firm Veat, based on experience representing multiple VCs and startups, was able to derive the optimal agreement through persuasion after accurately understanding each other's positions, and ultimately this investment was successfully concluded. Hyperconnect is continuously growing even after this investment, and I firmly believe it will grow into a company that will soon conquer the world.
Please refer to the article for further details regarding this matter, and please direct inquiries to Law firm Veat.
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Law firm Veat