Media industry specialist Dallara Network announced that it raised seed funding from Y&Archer and MY Social Company. The investment amount was not disclosed.
Dallara Network developed Twinkle, a global star-making platform that connects K-pop artists with fans by offering auditions and challenges as well as hands-on support with album and music video production. The platform reached 100,000 downloads within 10 months of its official launch and now offers the same service in 14 countries worldwide.
Dallara Network, the winner of the final IR pitch at A-STREAM, an Asian startup conference organized by Y&Archer, secured the investment in recognition of its global growth potential, supported by steady user growth, revenue, creative ideas and strong technology.
Dallara Network CEO Kim Chae-won said, “We’ll use this investment as an opportunity to widely promote the transparent and objective entertainment ecosystem we envision. By continuing to expand our user-centered open platform, we’ll drive innovation in the fast-growing entertainment media market.”
Dallara Network: https://dallala.net/
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