Ken Ho18 Sep, 2019
Singapore-based digital talent agency group: Gushcloud International has raised $11 million in funding from regional investors.
The new round was led by Jakarta-based GDP Venture, with participation from investors: Golden Equator Capital + Korea Investment Partners, KB Investments, Kejora Ventures, and strategic investors such as renowned hip hop mogul Russell Simmons.
With the fresh funds, Gushcloud will focus it's efforts on expanding it's digital celebrity representation business into US and China markets.
This is Gushcloud’s first round of investment after founders Althea Lim and Vincent Ha bought back the company from its previous acquirer: Yellow Digital Marketing Global, back in November 2018.
"America is home to the world’s biggest talents and brands, while China to the world’s key platforms, technologies, and largest world audience. With the new investors and partners that have come on board, we can capitalise on our unique network of talents and offices as well as our cultural intelligence to achieve significant growth for the company in the coming years.", mentioned Vincent Ha, chairman of Gushcloud International.