YG Entertainment
7 Huiujeong-ro 1-gil, Mapo-gu, Seoul, South Korea
Overview
YG Entertainment, the entertainment company established by Yang Hyun Suk, of the popular Korean act Seo Tae Ji and Boys, has been at the forefront of the popularization of hip-hop music in Korea. From its inception, YG Entertainment has been the birthplace of some of Korea’s most popular and well-respected artists, from YG’s earlier artists such as JINUSEAN and 1TYM, to the immensely successful current acts, BIGBANG and 2NE1. The company has flourished by creating a family-like atmosphere where ideas on music, fashion, art and culture are exchanged freely between the artists, producers and staff members alike. The YG Family also includes a respected roster of actors and actresses, including actress and director, Ku Hye Sun, best known for the popular TV-drama “Boys Over Flowers” and Jeong Hye Young.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 0
Sector focus
- Media and Entertainment
- Music
- Music Label
Investment portfolio
- Yixia Technology
Participated · Series D · Nov 2015
Yixia Tech has closed a $500m Series E, according to the report. The round was led by Weibo. The announcement is reported in the context of China. The article does not disclose other investors, valuation, or deal terms beyond the lead. No product details, operating metrics, or future plans for the company are provided in the article. Yixia Tech is a Beijing developer best known for Miao Pai, a video-blogging app that lets users shoot, edit, and share 10-second videos. Miao Pai launched in late 2013 with help from Sina Weibo. The company raised $200 million in a Series D at a $1 billion valuation, signaling significant investor interest. Investors named in the coverage include Weibo, Sequoia Capital, YG Entertainment, Kleiner Perkins Caufield & Byers, Redpoint Ventures, and StarVC; StarVC also participated in Yixia's $50 million Series C in 2014. Weibo plans to partner with Yixia on a new video product and to establish a $100 million fund for Miao Pai contributors focused on traffic growth, co-branding, and advertising revenue share. The partnerships tie Yixia into China’s large social ecosystem—Weibo has 222 million monthly active users.
Team
No current team members are available.