Ideosource Entertainment is a company set up by venture capital firm Ideosource to tap into opportunities in Indonesia’s film industry.
The acquisition has been driven by the increasing importance of data and analytics in Indonesia.
Formerly called Sale Stock, Sorabel describes itself as a fashion e-commerce store with produces and sells its own private label clothing.
This is the second high profile executive Google has lost from its SEA team in the last couple of months.
The funding was led by existing backer Draper Associates and joined by KDDI Open Innovation Fund and Global Brain.
Q & A
Sorabel President Jeffrey Yuwono says the company has closed “some commitments” for its new round.
Backers include Meituan-Dianping CEO Wang Xing, Eduardo Saverin and Razer co-founder Kaling Lim.
The funding will help the startup spruce up its technology and enhance its research and development.
Masayoshi Son is learnt to have met top execs at the three firms during his visit to Indonesia last month.
Analytics8’s Melbourne and Sydney-based team of 70 professionals will now join Accenture Applied Intelligence.
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