Pankaku Increases Capital By Allocating New Shares To Cyber Agent

Pankaku[J], a tech start-up whose iPhone game app LightBike has recorded the 1st rank in the number of paid app downloading at the U.S. AppStore, announced it had increased capital by approx. USD536,000 through the allocation of  new shares to a third party accepted by Cyber Agent last month, which means Cyber Agent has taken approx. 20% stake of Pankaku.

Pankaku takes advantage of the know-how for managing community web services that Cyber Agent has learned, and is intend to boost the development of apps targeting international markets.

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Masaru IKEDA has co-founded several system integration companies and consulting firms in Tokyo. He has been contributing serial columns to nationwide newspapers and IT periodicals, also he's currently serving as tech consultant for several web companies. His biography is here. His private blog is here.

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Masaru IKEDA

Masaru IKEDA has co-founded several system integration companies and consulting firms in Tokyo. He has been contributing serial columns to nationwide newspapers and IT periodicals, also he's currently serving as tech consultant for several web companies. His biography is here. His private blog is here.

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