Capstone Partners

Capstone Partners is a venture capital firm established in 2008 and based in Seoul, South Korea. The firm specializes in early-stage investments across various sectors, including information technology, wireless technology, artificial intelligence, bio healthcare, and high-tech industries. With a particular focus on the Korean market, especially in Seoul and Gyeonggi province, Capstone Partners aims to support entrepreneurs with innovative ideas. The firm typically seeks to exit its investments through trade sales, prioritizing the interests of its investors. Through its strategic approach, Capstone Partners plays a significant role in fostering technological advancements and growth in the region.

Hwajin Choi

General Partner

Song Eun-gang

CEO

Junghoon Jang

Executive Director

Minsu Kang

Director

Eunkang Song

Co-Founder, CEO and General Partner

Jun Mo You

Senior Associate

Past deals in Android

Funple Works

Venture Round in 2023
Funple Works Inc. is a company based in Seoul, South Korea, that specializes in designing and developing an online-to-offline content distribution platform. Established in 2012, the company focuses on creating mobile service solutions and video or web content, with a particular emphasis on online mobile game publishing. Funple Works develops gaming applications that can be utilized in both online and offline settings, offering features such as gift cards, coupons, and game titles. These applications enable gamers to enhance their gaming experience and compete more effectively with others.

Jienem

Venture Round in 2022
Jienem launched their service in December and has a network of over 300 guest house locations. In 2016 the company is expected to launch their Android application to increase the convenience for in-bound tourists.

Bigpearl

Venture Round in 2021
Bigpearl provides a personalized mobile AI news aggregator service. The company provides a real-time AI news recommendation app that curates a personalized feed of articles based on preferences and activities.

Allm

Venture Round in 2020
Allm Co., Ltd. designs and sells online PC games in South Korea. It also offers Capsulemon Fight, a mobile PvP game. The company was founded in 2000 and is based in Seoul, South Korea.

Jienem

Seed Round in 2017
Jienem launched their service in December and has a network of over 300 guest house locations. In 2016 the company is expected to launch their Android application to increase the convenience for in-bound tourists.

Trance Studio

Series B in 2017
Stylish action game developer in South Korea. Well-known developers of DNF(Biggest revenue maker of Tencent and Nexon) and NC soft are creating a new action game providing 4 players party play realtime.

Trance Studio

Series A in 2016
Stylish action game developer in South Korea. Well-known developers of DNF(Biggest revenue maker of Tencent and Nexon) and NC soft are creating a new action game providing 4 players party play realtime.

Jienem

Seed Round in 2015
Jienem launched their service in December and has a network of over 300 guest house locations. In 2016 the company is expected to launch their Android application to increase the convenience for in-bound tourists.

Mobilfactory

Series B in 2014
Mobil Factory is a mobile video game development company based in Seoul, Korea. It was founded in 2012.

Noonbora

Seed Round in 2014
Noonbora is a company that specializes in developing online mobile games, primarily for the Google Play platform. The firm focuses on creating engaging and entertaining gaming experiences for a diverse audience. Through its innovative approach to game development, Noonbora aims to capture the interest of mobile users by delivering high-quality content that enhances user engagement and satisfaction.

Cocoon Games

Series A in 2014
Cocoon Games is engaged in the development of mobile games.

Smile Family

Seed Round in 2014
Smile Family develops mobile applications for families. It offers Smile Mom, a mobile social network for moms to record and share precious moments. It also enables moms to organize family photos and videos into their baby book, with filters and photo collages.

NSStudio

Series B in 2014
NS Studio Co., Ltd. is a game development company specializing in the design and creation of various types of games, including online, mobile, and augmented reality (AR)/virtual reality (VR) games. Founded in 2011, the company is based in Seongnam-si, South Korea. Despite some confusion regarding its location, NS Studio focuses on delivering engaging gaming experiences across multiple platforms.

NPIE Games

Seed Round in 2014
NPIE Games is a South Korean startup located in Seongnam, Kyonggi-do, that focuses on promoting mobile first-person shooter (FPS) game developers. The company aims to revive the essence of traditional arcade gaming by creating engaging arcade shooting games characterized by intuitive controls and immersive gameplay. These games feature real 3D shooting mechanics, boss battles set in ancient ruins, and voice-over performances by Hollywood actors, allowing players to virtually explore renowned historical sites while competing with others globally.

Dexint Games

Seed Round in 2014
Dexint Games is a game development company that specializes in creating an online gaming platform focused on web-based social games. The platform offers a variety of social and strategic games that are accessible on mobile devices, tablets, and personal computers. Dexint Games aims to provide an engaging experience for game enthusiasts, allowing them to play and connect with friends through its offerings.

DaDa Soft

Series A in 2014
DaDa Soft is a Korean company that develops and distributes software for its clients. The company was founded in 2012 and is based in Seoul, Seoul-t’ukpyolsi. It operates as a subsidiary of PATI Games Corporation.

iFunFactory

Acquisition in 2014
iFunFactory is a South Korean company founded in May 2013, specializing in backend solutions for mobile game development and operation. The company offers a range of products designed to streamline the game creation process, including iFunEngine, a mobile game server framework, and iFun Cloud, a game-specific platform-as-a-service (PaaS) solution. Additionally, iFunFactory provides the iFun Map Editor, a tool for designing game environments. By minimizing development overhead, iFunFactory allows game developers to concentrate on content creation and data analysis, enhancing the overall gaming experience.

SN Mobile Technology

Series A in 2014
SN Mobile Technology Inc. develops games for smartphones. The company was founded in 2006 and is based in Seoul, South Korea.

iFunFactory

Series A in 2014
iFunFactory is a South Korean company founded in May 2013, specializing in backend solutions for mobile game development and operation. The company offers a range of products designed to streamline the game creation process, including iFunEngine, a mobile game server framework, and iFun Cloud, a game-specific platform-as-a-service (PaaS) solution. Additionally, iFunFactory provides the iFun Map Editor, a tool for designing game environments. By minimizing development overhead, iFunFactory allows game developers to concentrate on content creation and data analysis, enhancing the overall gaming experience.

Barunsoft

Series A in 2014
Barunsoft is a mobile technology and services company focused on software development.

Dadam Game

Seed Round in 2014
Dadam Game is a gaming platform based in Seoul, South Korea, that specializes in the development and provision of online games. The company focuses on creating innovative 2D action games, offering users a range of social strategy and story-based games that feature enhanced special effects. By combining engaging gameplay with quality graphics, Dadam Game aims to deliver a compelling gaming experience to its users.

Between

Funding Round in 2014
Between is a mobile application developed by VCNC, designed specifically for couples to enhance their communication and relationship. The app provides a secure platform where users can chat, share photos and videos, track anniversaries, and collaboratively manage their schedules. By creating a private space for couples, Between aims to help users cherish and remember special moments together, thereby fostering deeper connections. The application is accessible on both the iTunes Store and Google Play, making it widely available for users seeking to enrich their relationships.

Owlogue

Series A in 2014
OWLOGUE is a Seoul-based game studio that creates anime games. It is headquartered in Seoul, Seoul-t’ukpyolsi.

Jampick

Seed Round in 2013
Jampick, established in March 2013, is a mobile game development startup with a team of 13 experienced employees specializing in online multiplayer games. The company has developed three mobile games, including "Farmislandstory," "Monster War," and a tentatively named title "Battle Gates." "Farmislandstory" is a 3D side-scrolling running and farming game centered around the narrative of guardians defending their home from invaders who have plundered their treasures. Jampick aims to create quality, engaging gaming experiences by utilizing blockchain technology to enhance gameplay and provide a seamless video streaming platform for users. Through its innovative approach, the company seeks to simplify the gaming and viewing experience, catering to a diverse audience of mobile gamers.

Justnine

Series B in 2013
Justnine Co. Ltd. is a mobile app developer based in Seoul, South Korea, established in 2005. The company specializes in the development of online and new platform games, focusing on creating engaging gaming experiences for users. One of its notable products is "HELLKID: hook & jump," which showcases the company's expertise in mobile gaming. Justnine aims to innovate within the gaming industry by leveraging its experience in app development to deliver high-quality entertainment to a diverse audience.

Peoplug

Seed Round in 2013
Peoplug designs and develops mobile applications. It is based in Idaho, United States.

WhiteOut

Series A in 2013
WhiteOut is a mobile development group located in Seoul, South Korea, specializing in the creation of gaming software. The company focuses on developing mobile games, aiming to deliver engaging and innovative gaming experiences to its users. With a commitment to quality and creativity, WhiteOut plays a significant role in the South Korean gaming industry, contributing to the growing demand for mobile entertainment solutions.

Smile Family

Seed Round in 2013
Smile Family develops mobile applications for families. It offers Smile Mom, a mobile social network for moms to record and share precious moments. It also enables moms to organize family photos and videos into their baby book, with filters and photo collages.

NJoyGo

Seed Round in 2013
NJoyGo is a game development company focused on products for the smartphone industry. The company is based in South Korea.

Flaskon

Series A in 2013
Flaskon Inc. is a mobile game development studio based in Seoul, South Korea, founded in 2011. The company is known for its popular puzzle game, ChainPang, which has gained global recognition since its release in 2010. Flaskon focuses on creating engaging mobile gaming experiences, emphasizing innovative gameplay and accessibility for touchscreen smartphones.

Bluedice Studio

Seed Round in 2013
Bluedice Studio

4PLAT

Acquisition in 2013
4PLAT is a game developer and publisher focused on providing optimized mobile RPG games for massive simultaneous group playing. Its game player base is growing recently with creating high LTV and ARPPU and being recognized for its mobile game business. 4PLAT is based in Seoul, Seoul-t’ukpyolsi.

4PLAT

Series A in 2013
4PLAT is a game developer and publisher focused on providing optimized mobile RPG games for massive simultaneous group playing. Its game player base is growing recently with creating high LTV and ARPPU and being recognized for its mobile game business. 4PLAT is based in Seoul, Seoul-t’ukpyolsi.

DaDa Soft

Acquisition in 2013
DaDa Soft is a Korean company that develops and distributes software for its clients. The company was founded in 2012 and is based in Seoul, Seoul-t’ukpyolsi. It operates as a subsidiary of PATI Games Corporation.

DaDa Soft

Series A in 2013
DaDa Soft is a Korean company that develops and distributes software for its clients. The company was founded in 2012 and is based in Seoul, Seoul-t’ukpyolsi. It operates as a subsidiary of PATI Games Corporation.

Between

Series B in 2013
Between is a mobile application developed by VCNC, designed specifically for couples to enhance their communication and relationship. The app provides a secure platform where users can chat, share photos and videos, track anniversaries, and collaboratively manage their schedules. By creating a private space for couples, Between aims to help users cherish and remember special moments together, thereby fostering deeper connections. The application is accessible on both the iTunes Store and Google Play, making it widely available for users seeking to enrich their relationships.

Between

Acquisition in 2013
Between is a mobile application developed by VCNC, designed specifically for couples to enhance their communication and relationship. The app provides a secure platform where users can chat, share photos and videos, track anniversaries, and collaboratively manage their schedules. By creating a private space for couples, Between aims to help users cherish and remember special moments together, thereby fostering deeper connections. The application is accessible on both the iTunes Store and Google Play, making it widely available for users seeking to enrich their relationships.

dooub

Series A in 2012
Dooub (둡) is a Korean mobile application development company established in April 2011. In addition to mobile applications, it develops mobile games and web platforms. Dooub's products include Boom Shake, Super Junior, Girls' Generation, Bigbang, SHINee, 2PM, MICHELLE, CNBLUE (mobile games based on contemporary pop music groups), Affinity (a program to check the compatibility between friends) and more.
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