Manga and anime powerhouse VIZ Media, LLC and Manila, Philippines-based entrepreneur Bernard Chong have invested $600,000 at a $2 million valuation in anime and manga recommendation and social platform Kitsu (formerly Hummingbird), the companies announced Wednesday. VIZ Vice President of Business Development Rob Pereyda led the deal at VIZ and will serve as Senior Advisor to Kitsu; VIZ Chief Marketing Officer Brad Woods and Chong will join the Kitsu board.
Josh Fabian, Kitsu founder and CEO, was previously Lead Designer, Groupon Stores.
The Kitsu platform is being rewritten to recommend content users will enjoy, using one-to-one, show-to-show recommendation pairings (what we’d call "if you like..." recommendations), as well as taste-based content cohorts (interest clusters). The Kitsu platform will remain open-source, according to the announcement.
In Seed Round
Posted by Milton Griepp on January 5, 2017 @ 1:27 am CT
MORE COMICS
Second Title in Offbeat Manga Imprint
May 2, 2024
UFO Mushroom Invasion is the second title in the imprint, which will focus on vintage pulp, horror, and mystery manga.
To Help with M&A, Loyalty Program, More
May 2, 2024
Skybound Entertainment has continued its executive hiring binge with the addition of two more senior executives, to help with mergers & acquisitions and a new loyalty program.
MORE NEWS
As Director of Marketing
May 2, 2024
BJ Hensley has joined Paizo as Director of Marketing, the company announced.
First Game from Andrew Navarro's Company
May 2, 2024
Earthborne Rangers, the first game from the company of longtime Fantasy Flight Games executive Andrew Navarro, will be released to trade.