Breaker Pulls $2M Seed Round
TOKYO, JAPAN, Breaker has raised $2 million in seed funding to work toward growing its share of the Japanese streaming content market.
Breaker Inc., a cutting-edge producer and distributor of mobile video entertainment, has finalized seed-round financing of $2 million to jump-start its goal to become a significant force in video content for mobile in Japan. Tokyo-based strategic consulting and business development firm Dream Incubator Inc. was the lead investor in the round, and was joined by Siemer Ventures and others.
Breaker Inc. will be a driving force behind a new generation of networks that produce and distribute content-but which focus on the mobile user. Breaker sees a huge opportunity, particularly in Japan, which on a per-capita basis has the largest mobile content market in the world, but has been lagging in streaming video. YouTube, for instance has not been as prevalent as elsewhere in the world, and Hulu and Amazon Instant Video have only recently launched.
Digital media venture studio Designed for Revolution Ltd. (DFR Asia) originally conceived and launched Breaker, and will play an ongoing management role.
Industry experts predict an explosion in the demand for streaming video, and Breaker Inc. will provide fresh, up-to-the-minute, innovative content to the 'always-connected' consumer generation. The firm will emphasize content for entertainment, music, and fashion.
Breaker's initial stable of talent includes company cofounder & chief innovator Ken Sekine, who, through his alias Megwin, is an iconic Japanese YouTuber and comedian. He is one of Japan's most prolific digital content producers, with over 235 millions views for his MegwinTV YouTube channel.
Alan Swarts, CEO of Breaker, said, 'There is a huge shift to video consumption under way in Asia that has radically altered the landscape for content distribution. Our team, with its vast experience and expertise in both established and emerging media, is uniquely qualified to fulfill the surging demand with groundbreaking content. Our goal is to deliver a major new category of content specifically for this new generation of mobile media consumers.'
Ken Sekine, Cofounder & Chief Innovator of Breaker, added, 'I have seen the future and it is Breaker. We intend to do a lot of breaking-breaking down barriers, breaking new ground, and breaking new talent. And Megwin will keep 'breaking' and evolving as well.'
Takayoshi Yamakawa , President of Dream Incubator, Inc., said, 'We are excited about our investment in Breaker Inc. The talented team there has displayed great vision and is poised to emerge as a pre-eminent network for mobile video entertainment in Japan. We look forward to working closely with Breaker to assist them in executing their bold ambitions.'
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