Daum Communications
VC Fund
Jeju, South Korea
Daum Communications is a VC fund in Jeju focused on Comics and Mobile. The Daum is a popular web portal in South Korea, with its rival Naver. Daum offers many Internet services to web users, including a popular free web-based e-mail, messaging service, forums, shopping and news.The popularity of Daum is a reflection of the high level of internet use in South Korea. The country has the highest level of broadbandusers, and one of the most widespread levels of computer and Internet access.The popularity of Daum stems from the range of services it offers, but also from the fact that it was the first Korean web portal of significant size. Its popularity started when it merged with the then most popular e-mail service, daum.net or hanmail.net. After the merging, Daum started the forum service DaumCafe which brought its firm status in the market. The term cafe is now used as the synonym for "Internet forum" in Korean.On August 2, 2004 Daum announced the purchase of Lycos for $95.4 million, and closed the transaction on October 6
- Total investments:
- 2
- Last investment:
- Lead investor:
- 0%
Last updated:
For AI agents: llms.txt
Industries Daum Communications invests in
Stages Daum Communications invests in
Countries Daum Communications invests in
Investment Focus
Industry
- Comics 1 (50%)
- Mobile 1 (50%)
- Content 1 (50%)
- Automotive 1 (50%)
- Publishing 1 (50%)
Stage
- Seed 1 (50%)
- Series A 1 (50%)
Country
- South Korea 1 (50%)
- United States 1 (50%)
Investments
| Company | Description | Round | Links |
|---|---|---|---|
Cardoc
|
Cardoc is a location-based mobile automotive repair estimate service. By uploading photos of their car's exterior damage, users can get free repair estimates and text-consultation from selected car body shops.During the 15 month of service period, Cardoc processed $3.5M worth of transactions and registered stores of Cardoc experienced agrowth rate of 30-100% per month. Each user can get their first estimate within an average of 7 minutes and compare at least 3 estimates without having to register personal information. The founding team consists of five automative enthusiasts. They received the support of Daum NIS (Next Incubation Studio), a startup incubation organization proposed by Daum Communications and spun off in January 2014. | $200K / Seed / Feb 01, 2014 | |
Tapas Media
|
Tapas is the “Youtube for story tellers” -- a platform and community for over 50,000 creators, who publish original stories in the form of serialized webcomics and novels. Tapas has over 2 million monthly unique readers, who collectively spend 70 million minutes per month on the platform with stories on Tapas having been read over 5 billion timesto date. We co-produce original IPs with our top creators that can be shopped and brokered into the next hit TV series/movies/games/physical books. About 70% of Tapas’s audience are female millennials primarily located in the US. The Tapas app has been downloaded over 2 million times and is one of the top grossing comics apps on iOS and Android. Check out some of the latest news articles about Tapas here: https://tapas.io/site/about | $2M / Series A / Jan 28, 2014 |
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FAQ
What does Daum Communications invest in?
Daum Communications invests primarily in Comics, Mobile and Content startups, most often at Seed and Series A stage. Most of the 2 investments tracked by Shizune back companies in South Korea. The Investment Focus section breaks down every industry, stage and country in the portfolio.
When did Daum Communications last invest?
The most recent investment recorded for Daum Communications closed in Feb 2014. Shizune tracks 2 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.
Is Shizune's investor data accurate?
Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.
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