# NexCloud

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nexcloud

- Industry: Software
- Headquarters: Seoul, South Korea
- Website: www.nexcloud.co.kr
- Total disclosed funding: $0.4M
- Latest round: Seed (Sep 28, 2020)
- Investors on record: 2

## About

NexCloud is a technology company specializing in cloud solutions and content management, providing users with innovative tools for efficient data handling and online presence management.Founded in 2015 by Jinyong Kim, NexCloud operates from its headquarters in Seoul, South Korea. The company focuses on delivering cloud-based solutions and has engaged in three notable deals, with its latest round being a Seed funding of KRW 500 million raised in September 2020 from FuturePlay and Shinhan Capital.NexCloud is known for its content publishing platform, TISTORY, which facilitates the creation and management of blogs and websites. The platform provides users with customizable templates, multimedia support, and analytics capabilities, catering to individual users, small business owners, and content creators seeking to establish an online presence across various regions, including South Korea.TISTORY generates revenue through a subscription-based model, offering tiered pricing plans that unlock additional features and increased storage. This model allows users to choose from different service levels tailored to their needs, contributing to the company's financial structure through direct transactions and potential partnerships with brands.NexCloud plans to leverage its recent Seed funding of KRW 500 million to enhance TISTORY and introduce new features aimed at improving user engagement. The company is also exploring opportunities for expansion into new geographic markets, specifically targeting users in Southeast Asia by the end of 2022. This growth strategy aims to capitalize on increasing demand for accessible content management solutions.

## Funding rounds

- Seed, Sep 28, 2020, $0.4M — Shinhan Capital, FuturePlay

## Investors

- Shinhan Capital (https://capitalatlas.ai/funds/shinhan-capital) — Seed
- FuturePlay (https://capitalatlas.ai/funds/futureplay) — Seed