Serialized Fiction App Radish Gets $63M Funding, Opens LA Office & Eyes TV Opportunities
“Radish has firmly established itself as a leading web novel platform and yet we see even greater growth potential. It has found enormous success with fast-paced, original mobile content and undergone dramatic growth with a ten times increase in annual revenue last year,” said Jinsoo Lee, CEO of Kakao Entertainment.
Radish will maintain day-to-day management autonomy and continue to operate under the Radish brand. Radish founder and CEO Seungyoon Lee will continue to lead the company and serve as global strategy officer of Kakao Entertainment to help lead the company’s global expansion strategy.
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