Kakao Ventures invests in video calling app Wave

Wave corporation, operator of video-call-based content app Wave, announced closing a series A round. Kakao Ventures, TBT, SV Investment and SparkLabs Ventures made an undisclosed amount of funding.

Up to 8 users can join the video call via the Wave app to watch youtube, webcomics or to play proprietary games together.

Launched in September 2018, the app boasts 650k members and 200k content service daily.

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