<article>Indonesia-based gaming studio <a style="color: #000080;" href="http://www.touchten.com" target="_blank">Touchten</a> revealed that it has secured a Series C round led by Japanese mobile and social firm<a style="color: #000080;" href="http://gree-corp.com/" target="_blank"> GREE Inc</a>, with US-based <a style="color: #000080;" href="http://500.co/" target="_blank">500 Startups</a> as a follow-on investor.</article>

Indonesia-based gaming studio <a style="color: #000080;" href="http://www.touchten.com" target="_blank">Touchten</a> revealed that it has secured a Series C round led by Japanese mobile and social firm<a style="color: #000080;" href="http://gree-corp.com/" target="_blank"> GREE Inc</a>, with US-based <a style="color: #000080;" href="http://500.co/" target="_blank">500 Startups</a> as a follow-on investor.
The investment amount remains undisclosed, media reports said.
Founded in 2009, the company first raised its Series A round of funding from Indonesian incubator and venture capital firm <a style="color: #000080;" href="http://ideosource.com/" target="_blank">Ideosource </a>and Series B round  of funding from Japanese venture capital firm <a style="color: #000080;" href="https://www.cyberagentventures.com/en/" target="_blank">CyberAgent Ventures</a>. It remains undisclosed how much money Touchten has raised to date.
Anton Soeharyo, CEO of Touchten, said the new investment will be spent on hiring and marketing its offline-to-online platform and games. The firm currently has 35 people, and is looking to double that by Q1 2016, according to a <a style="color: #000080;" href="http://e27.co/inside-indonesian-gaming-studio-touchtens-series-c-led-by-gree-20150707/" target="_blank">report</a> in <a style="color: #000080;" href="http://e27.co/" target="_blank">e27</a>.
Soeharyo added that Touchten titles have garnered more than 12 million downloads worldwide. About 1.5 million downloads can be attributed to Indonesia. Its best game for the Indonesian market is <a style="color: #000080;" href="http://tekatekisaku.blogspot.com" target="_blank">Teke Teki Saku</a>, which he claims has bagged more than 800,000 users, followed by puzzle game app Dagelan, which supposedly hit the 400,000 users milestone within one month.
In the coming year, Soeharyo and his team will be working with GREE to release the latter’s casual game titles in Indonesia through Touchten.
“Southeast Asia is a market they (GREE) want to go to, and if the timing is right, they are looking to enter the market,” said Soeharyo. “They feel that they need to go to the ‘biggest’ market which is Indonesia, but prefer to invest in (a) company that they know have potential. And they chose Touchten.”
To date, GREE Inc has invested in multiple Asian companies including Japan-based news app company <a style="color: #000080;" href="https://www.smartnews.com/" target="_blank">SmartNews</a> and last-minute hotel booking company <a style="color: #000080;" href="https://www.hotelquickly.com/" target="_blank">HotelQuickly</a>. Its investments should not be confused with those of its venture capital arm <a style="color: #000080;" href="http://www.greeventures.com/en/" target="_blank">GREE Ventures,</a> headed by Yusuke Amano.
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Indonesia-based gaming studio Touchten has secured a Series C round led by Japanese mobile and social firm GREE Inc, with US-based 500 Startups as a follow-on investor.

Indonesian gaming studio Toucten secures additional funding from GREE Inc, 500 Startups

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Indonesian gaming studio Toucten secures additional funding from GREE Inc, 500 Startups

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