SparkLabs Accelerator Q1 2015

SparkLabs accelerator focuses on entrepreneurs seeking

to change the internet, online gaming, mobile, ecommerce,

digital media and healthcare sectors.

§  Founded in December 2012 in Seoul, South Korea

§  Recently completed our 4th batch

§  Only global accelerator in Korea with a mentorship driven model

§  Over 110 global mentors actively participating in our program

§  Proud member of the Global Accelerator Network (GAN). GAN is the global champion

of the seed-stage, mentorship-driven accelerator model and includes 50 of the most

respected accelerators from six continents around the world.

SparkLabs Overview Q1 2015
Conﬁdential. Please do not distribute.

§  32 companies have graduated from our program.

§  Successfully completed 4 Demo Days in Seoul with over 1,500 attendees

§  Invested $25,000 to all companies who participated in our program

§  100% of our portfolio companies are still active in their business

§  79% of our companies received follow-on funding during or after our program.

§  Startups from over 20 countries have applied.

§  $541,000 average funding prior to our program and $1,776,000 average

funding after program


SparkLabs Overview Q1 2015


SparkLabs Overview
Snapshot of South Korea

§  Largest number of 4G users in the world

§  Highest 4G LTE penetration in the world

§  2nd highest smartphone penetration


SparkLabs Overview
Snapshot of South Korea

§  7th largest e-commerce market in the world

§  8th largest personal luxury goods market

§  Home to Samsung Electronics (largest mobile

phone maker in the world) & LG (5th largest

mobile phone maker)


SparkLabs Overview
South Korea: Land of Innovation

§  Ranked #1 most innovative nation on Bloomberg’s Innovation Index in 2014 and 2015

§  Nexon create the first MMORPG (online game) in 1995 and pioneered the

microtransaction/micropayment business model

§  Cyworld launched the first major social network in the world in 1999 and continued

validating the micropayment model to the rest of the world

§  Naver, Korea’s leading search portal,

launched the first user-generated Q&A

in 2002

§  KaKaoTalk, founded in 2010, was the

first mobile messaging platform to

leverage its network for content

distribution.

§  NEXT?

Entrepreneurs growing Entrepreneurs

All of our partners are entrepreneurs who have built companies in Korea,

Israel, India, and the U.S. We have endured the ups and downs of

entrepreneurship, successes and failures.

They have the experience and a strong desire to help out the next generation

of global entrepreneurs.


Our Vision


Our Team: Global & Local

Ray Ozzie

•  Founder & CEO of Talko

•  Former Chief Software

Architect at Microsoft

Our Advisors
Vint Cerf

•  A “Father of the Internet”

•  Vice President & Chief Internet

Evangelist for Google
Michael Crow

•  President of ASU

•  Chairman of In-Q-Tel
Mark Cuban

•  Owner of the Dallas

Mavericks

•  Star Investor on ABC’s

“Shark Tank”
Tom Peters

•  Author of In Search of

Excellence

•  Management Guru

Over 110 experienced entrepreneurs, thought leaders, experts

in over 12 countries around the globe.

Our Mentors

Mentorship-Driven Startup Accelerator

SparkLabs is providing a 3-month long program for seed to early-stage

entrepreneurs who have a vision beyond Korea’s borders. Our program is offered

twice a year.

Entrepreneurs who want to build global companies and have a vision to expand

to the U.S., China, Japan and elsewhere or vice versa expand into Asia should

apply. SparkLabs uniquely provides a world-class team of mentors to accelerate

and guide each of our companies.


Our Program

•  SparkLabs invests $25,000 in all participating startups in exchange for up to

6% equity. This percentage varies depending on the startup’s stage and

investment status.

•  Each startup is matched with 4 to 6 mentors. Our mentors are either

world-class entrepreneurs, engineers, product visionaries, Fortune 500

executives, and thought leaders from SiliconValley and throughout the world.

•  Every week startups participate in our weekly teaching sessions where they

have the opportunity to learn from and interact with various people in our

global network. In addition, startups actively engage and solicit feedback

from SparkLabs’ General Partners and team members.

Our Program: Elements


Our Program: Teaching Sessions
1.  Ty Ahmad-Taylor, Head of Smart TV Services at Samsung Electronics

•  Product Development and Customer Development

2.  Chris Wong, Senior Vice President at Ooyala

•  M&A Strategies and his entrepreneurial journey

3.  Kai Huang, Founder of Red Octane (Guitar Hero)

•  His experiences in building one of the billion dollar video game franchises in history

4.  Jae-Yong Lee, CEO of PXD (UX/UI ﬁrm)

•  Creating target users, UX and UI

5.  Hae-min Lee, Chairman of Amotech & Former CEO of Samsung Electronics (Digital

Appliances Group)

•  Managing rapid growth at Samsung Electronics and his experience of taking a startup to IPO in Korea.

6.  Sirgoo Lee, CEO of Kakao (DaumKakao)

•  “Managing Rapid Growth” of a startup and preserving startup culture

7.  Eric Kim, Managing Partner / Co-founder at Goodwater Capital

•  Investment trends and fundraising strategies

SparkLabs provides free ofﬁce space in MARU180, located at the center of

Korea’s startup scene, and over $900,000 worth of perks, ranging from cloud

services, legal counsel and software services.


Our Program: Perks


Perks Partners

Eugene Kim, Principal

Eugene is a Principal of Sparklabs and manages the day –to-day operations of the Sparklabs accelerator

program. Eugene previously served as a Director of Global Business Development at Tencent Korea.

He was responsible for the sourcing of Korean game titles to China and Tencent’s global publishing network,

headed the global sales of Tencent game titles, and he managed relationships with Tencent’s global publishing

partners. Prior to Tencent, Eugene was Director of Business Development and Marketing at Podotree, an

online educational app developer in Korea. He was responsible for their marketing and launch effort into

the U.S. He earned his BA in Economics and Philosophy from the University of Michigan.
Sophia Choi, Senior Associate

Sophia is currently a Senior Associate of SparkLabs and manages day-to-day operations of the accelerator

program. Sophia is in charge of building curriculum and teaching sessions of SparkLabs accelerator program,

as well as general business development, public relations and discovering potential startups for the program.

Previously Sophia was a Global Business Development Manager at Tencent Korea, where she was responsible

for not only the business development between Korea and China, but also between Tencent and its global

publishing network, including countries likeVietnam, Philippines, Russia,Taiwan and Singapore. Sophia managed

the global sales of Tencent game titles, and also managed relationship with Tencent’s global partners. She

earned her BA in Business Management & Govt and International Studies at the University of Sydney,Australia.

Our Team
Harry Han, Director

Harry is currently a Director of SparkLabs and manages legal, ﬁnancial and investment related duties of the

SparkLabs accelerator program. Previously Harry managed legal issues within both Korean and global

corporations, with experiences built from large law ﬁrms in Korea. Harry also served as a legal director for

Innotive, where he managed investment, legal and government related issues of the company. Harry earned

his BA in Law from KNOU.

Bernard Moon, Co-founder & General Partner

Bernard Moon is a Co-founder & Partner at SparkLabs GlobalVentures. He is also a Co-founder & Partner

at SparkLabs, a startup accelerator in Korea. Previously, he was Co-founder & CEO ofVidquik, a web

conferencing & sales solutions platform. Bernard was a Managing Director at the Lunsford Group, which is

a private investment ﬁrm with holdings in real estate, healthcare and other industries. Bernard was

Co-founder &VP of Business Development of GoingOn Networks, a social media platform for companies,

and also led their product development where BusinessWeek recognized them in their "Best of the Web"

list. Previously, Bernard was a Director at iRG, a leading boutique investment bank in Asia, where he focused

on TMT companies. Bernard serves on the Advisory Board for GAN (Global Accelerator Network), which

is the global champion of the seed-stage, mentorship-driven accelerator model and includes over 50 of the

most respected accelerators from six continents around the world. He serves as a mentor to MuckerLab, a

startup accelerator in LA, and SixThirty, a ﬁntech accelerator in St. Louis.
Hanjoo John Lee, Co-founder General Partner

John Lee is Co-founder Partner at SparkLabs GlobalVentures. John is a co- founder EVP of

Corporate Development and Strategy of Hostway. He serves additional responsibilities as CEO of

Hostway India. John and his fellow co- founders bootstrapped Hostway into a top 5 web hosting

company in the world with over 700 employees.

Hostway is a multinational web hosting company headquartered in Chicago, and serves more than 600,000

customers worldwide. He is currently responsible for overall corporate strategy, strategic alliances, and

mergers and acquisitions. Previously, he has held positions in every department of the company, including

leading global marketing and sales and overall PL for North America.

Our Team

Jimmy Kim, Co-founder General Partner

Jimmy is the Co-Founder and President of N3N, an interactive software company that mixes passion,

creativity and technology to create new interactive user experiences and innovative presentation solutions.

He previously served as Innotive’s CEO and his client lists include BMW, Inﬁniti, Nike Golf, Dentsu, Korea

Telecom and other leading worldwide companies. Jimmy is sought-after speaker on online gaming and

technology and has spoke at various conference such as LeWeb, Ad:Tech, and Web 2.0 Expo. Previously,

Jimmy served ExecutiveVice President of Nexon Corp, and Head of Nexon’s Portal and Web Services.

Jimmy received his B.S. in Engineering from Northwestern University, and also a M.S. in Engineering from

Korea Advanced Institute of Science and Technology (KAIST). Jimmy also completed the Stanford

University’s Graduate School of Business’s Executive Management Program.

Frank Meehan, General Partner

Frank is a Co-Founder Partner at SparkLabs GlobalVentures and a Partner at SparkLabs, Frank was

selected as part of the 2012 Wired UK Top 100 in tech, andVanity Fair's The Next Establishment list 2010.
Previously Frank was with HorizonsVentures (HK), representing them on the boards of Spotify, Siri,

Summly, Affectiva, Bitcasa, Fixmo, DoubleTwist, Ginger, Desti and Magisto. He also is the founder of

Kuato Studios, a leading educational games studio, and INQ Mobile which was an early pioneer in mobile

internet, winning Best Handset at Mobile World Congress 2009.

Frank started with Ericsson in 1994 as a coder and troubleshooter, lived in Singapore and HK, and then

Joined Hutchison Whampoa in 2001 and was responsible for the technical integration of the ﬁrst 3G

(WCDMA) networks around the world, launched under the Three(3) brand in multiple countries in 2003.

Our Team

Net Jacobsson, General Partner

Net Jacobsson is a Co-Founder Partner at SparkLabs GlobalVentures. He is a former Facebook

executive, entrepreneur and investor with vast international experience from many pioneering companies.

Net started out in Sweden Ericsson Mobile Communications (now SonyEricsson) in 1998 with user

interface design. In Israel Net led international business for Icq/AOL and then joined Chinese browser

company, Maxthon in 2005 as partner SVP. Net put Maxthon on the world map and brought in CRV

and Google as investors. In 2007 Net joined Facebook as the head of International business development

with focus on new user acquisitions, new markets and early MA opportunities. In addition Net was

responsible for Facebook's mobile business and led a number of deals with mobile operators and handset

manufacturers. Since 2009 Net has been involved an advisor and investor in Crowdstar, OpenFeint (sold

to GREE for $104M), Playhopper (Founder), PixOwl, P1 (Board of Directors), and Cellogic. During 2012,

Net assumed the role as CEO for Ginger Software.
Jay McCarthy, General Partner

Jay McCarthy is a General Partner at SparkLabs. Jay has more than 22 years’ experience in Asia.

Currently, as a Managing Partner of Pacific Advisers, he has advised, financed and invested in a range of

deals in Asia across industries, principally mining energy, technology, luxury consumer and property. In

recent years, Jay has focused on originating investment mandates for PA to invest its own capital in both

publicly listed and private companies. Such origination leads to co-investment opportunities selectively

with the hedge fund and institutional investor communities. Jay has significant experience with structuring

deals and working with the relevant investor, industry and service (legal and advisory) counterparts.

Previously, Jay served as an Executive Director in the Equity Division at Morgan Stanley and worked in the

Tokyo, HK, Beijing and Singapore offices over a 16- year period.

Our Team

Since October 2013, SparkLabs GlobalVentures has invested in over 40 companies.

Their global approach means that they can pick the best deals in the right

geographies where the sectors are hottest.They have invested in across most

sectors besides capital intensive startups (i.e. biotech, pharma, cleantech), but have

concentrated on 5 general areas: FinTech, Mobile App, IoT, Online Gaming,

and Ecommerce sectors

Companies from our ﬁrst, second and third batch, Memebox, KnowRe,

Flow State Media and Mangoplate have received follow-on funding from SparkLabs

GlobalVentures. From SparkLabs Global’s perspective, SparkLabs accelerator is

only one deal source of many throughout the world.


Afﬁliated Seed Fund:

Memebox

•  First Korean startup to get accepted intoY Combinator

•  Voted top 3 in the Winter 2013Y Combinator batch

•  Reached over $1.5M in revenue, 3 months after their launch in the U.S.

•  Continuous growth in both Korean and U.S. markets

•  Recently expanded into China

KnowRe

•  Incorporated in the U.S. to focus on global markets – RD center in

Korea

•  Series A funding from Softbank

•  Selected as the “World’s Top 10 Most Innovative Companies in Education

by the Fast Company

5Rocks

•  Invested by a Japanese venture capital ﬁrm, Global Brain, and

expanded into global markets

•  Actively partnered with companies in Korea, Japan, Europe and U.S.

•  Recently acquired by Tapjoy, the mobile industry’s leading

app-tech company.


Our Success: Global Growth

79% of our companies received follow-on funding

from leading investors after their graduation of

our program.
$1,775,968
$541,123
AVERAGE FUNDING

PRIOR TO PROGRAM
AVERAGE

FUNDING

AFTER

PROGRAM

Our Success: Follow-on Funding

1st Class 2nd Class 3rd Class
2013 March

At COEX, Seoul

6 Companies Presented

200 People Attended

2013 October

At COEX, Seoul


250 People Attended

2014 April

At Olleh Square, Seoul


350 People Attended


Our Success: Demo Days

•  Largest Demo Day hosted in Korea with over

700 attendees

•  Hosted with strong support from Korea Development

Bank (KDB) Ministry of Future ICT

•  2 foreign startups (China SiliconValley) participated

in the program

•  Ken Segall, former creative director for Apple spoke

SparkLabs 4th DEMO DAY AT KDB (December 11th, 2014)
Our Success: Demo Days

•  Proven brand and reputation in the Korean startup ecosystem. Selected for

the 2 leading government initiatives to nurture the growth of early stage

startups by MSIP (미래부) and SMBA (중소기업청).

•  Members of both local and global accelerator leadership groups: ALF

(Korea) and GAN (Global)

•  Active enabler and builder of startup ecosystem events in Korea through

hosting, sponsorship and participation in leading conferences, forums, panels,

and competitions.

•  SparkLabs’ global partners are active participants in startup conferences

and events as speakers/panelists throughout the world.


Our Ecosystem: Local Global Networks

Select Companies

SparkLabs 1st Class

01
5Rocks’s main service is segment-speciﬁc user behavior analytics that provides detailed analysis of

users appropriate to the characteristics of different types of games, and enables the simultaneous

operation and marketing of a game based on those results. In addition, it allows A/B Testing to test the

effectiveness of the marketing strategy and provides monetization analysis. Famous Korean game

developers, including SundayToz, Gamevil, Loadcomplete are currently using 5Rock’s service. 5Rocks

was recently acquired by Tapjoy.

Website:

www.5rocks.io/

Industry:

Data Analysis

02
Website:

www.knowre.com

Industry:

Education Tech

KnowRe is an educational technology company with an adaptive mathematics platform. KnowRe’s patented

technology assesses an individual’s strengths and weaknesses, personalizes a curriculum for each student’s focus

areas and engages students through gamiﬁed features, attractive graphics and social learning. KnowRe believes

in the importance of a good education, the need for personalization in our educational system and that

technology is the most effective tool to help bring about these goals.

KnowRe was named winner of “Best Instructional App” in the NYC Schools 2013 Gap App Challenge and was

Grand Prize winner of Google’s Global K-Startup. It was also listed in Fast Company's Most Innovative

Companies 2014 series as one of The World's Top 10 Most Innovative Companies in Education.

03
Website:

www.memebox.com

Industry:

E-Commerce


Memebox.com is the leading beauty e-commerce and mobile commerce in Korea and rapidly growing in the U.S.

And China. They aim to offer the most comprehensive platform for their customers to explore innovative

beauty products curated by their team of beauty industry experts. Each month, their members will anticipate a

curated Memebox (subscription beauty box full of trial sizes) arriving on their doorstep and have the

opportunity to discover new products. Full size items are available to members for purchase at the best price.

Memebox Global website launched in September 2013 to introduce Korean beauty products to beauty

enthusiasts around the world. Now customers have the ability to beneﬁt from the excellence and innovation

of Korean beauty products at competitive prices.

04
Website:

www.nﬂabs.com

Industry:

Big Data


NFLabs is a Korea-based company that develops and distributes Peloton, a hadoop based real-time analytics

platform that makes ingesting, managing, and analyzing large data sets simple and fast. Peloton enables data analysts

and scientists to discover and analyze large data sets without having to learn Map Reduce or other complex big

data technology. In addition, they built industry-speciﬁc analytics modules that allows companies to simply plug-in

their data sources and instantly view their standard reports.

05
Website:

www.step.pe

Industry:

Wearables Productivity App


WePlanet has developed mobile life-logging services that focus on recording, analyzing and managing

everyday activities automatically to help people lead a life where tomorrow is better than today.

Its main service, STEP Journal (www.step.pe) is an automatic journal that collects and connects personal

records from various mobile sensors, including calendar, social service and wearable devices, and

provides a comprehensive and meaningful feedback.

Select Companies

SparkLabs 2nd Class

02
Website:

www.heybread.com

Industry:

E-Commerce


HeyBread focuses on delivering premium organic breads from local bakeries to customers. Customers can

easily order and receive fresh, healthy and popular breads from bakeries all around Seoul. HeyBread curates

each bread on their website, including information of ingredients and the patiche.The company plans to

expand its service to the entire fresh food industry.

04
Website:

www.lateralsv.com

Industry:

Search, Software


Lateral SV is a startup based in San Francisco with a resolute mission to redeﬁne the very fundamentals of

online search.They specialize in online information science and are experts in post-query navigation with

technologies and products used in both the consumer and enterprise space.They are a team comprised of

various backgrounds, ranging from military intelligence, biotechnology, academia and computer sciences who

have come together with a resolute mission to enhance the methods and possibilities of how we

interact with online information.

05
Website:

www.mangoplate.com

Industry:

Mobile Application


MangoPlate ﬁnds the best places to eat tailored to your personal tastes.Whether you are looking for an Italian

restaurant or macaroon bakery, MangoPlate is your best local recommendation guide to ﬁnding just the right

place for you. The more you use the app, the better the recommendations.

MangoPlate also provides amazing lists of restaurants, curated by editors and power bloggers.The curated lists

of restaurants will help you discover new openings, trending popular eateries, and top places in new areas.

06
Website:

www.stylewiki.com

Industry:

Fashion Tech


A Seoul-based social wiki platform for fashion enthusiasts.The company is building a user-friendly fashion

encyclopedia built from the collective fashion intelligence of its community. Stylewiki's vision is to collect

scattered fashion information into one platform, where users can search, gather information and communicate

with other fashion enthusiasts.

07
A Singaporean online social investment platform for equities. The company is led Bobby Bhatia, the

Former Managing Director and Head of Principal Investments at AIG for APAC. TrakInvest provides tools

to identify and create future “alpha” generators. It has partnered with Thomson Reuters to provide

research and analytics to its user base. Users are able to win an internship opportunity at leading

Investment banks through online competitions.

Website:

www.trakinvest.com

Industry:

FinTech


08
Zoyi’s Walk Insights is a comprehensive data analytics solution that collects and analyzes visitor data in retail

stores using smartphone Wi-Fi signals.This method contrasts with other popular data mining platforms, which

trace consumer patterns using systems like infrared sensors or cameras.With increasing global permeation

of smartphones, ZOYI Co. offers formidable competition against more established data mining solutions.

Walk Insights involves the installment of a simple, portable device in a store or shopping mall. Using the data

obtained through the installed infrastructure (dwell time per zone, visitor retention patterns, correlation with

weather, device manufacturers, and more),Walk Insights then provides high-quality analytics tailored

speciﬁcally to the store type.

Website:

www.zoyi.co

Industry:

Data Analytics


Select Companies

SparkLabs 3rd Class

01
1Day1Song is a music recommendation app that introduces one new song to users every day. The company’s

mission is to break from the current music industry in Korea dominated by large distribution and

entertainment companies, and to help users enjoy a bigger variety of music by discovering hidden jewels in

the music industry.The service allows users to identify and understand the music better by introducing

personal stories behind songs and artists. Its recommendation system is solely based on musicality, season,

social issue and weather. It does not incorporate the artist’s personal connections. Once a month, there is

a special service called ‘Blind Test’ which lets users to simply concentrate on the music by hiding the name

of the artist and the song.The company plans to expand to other Asian markets and later to global markets.

Website:

www.facebook.com/1day1songapp

Industry:

Music Curation

02
Website:

www.domobio.co.kr/

Industry:

Healthcare


Founded by a dentist, Dr. SeungGyuYi in 2009, Domo Bio is a company specializing in snoring and

obstructive sleep apnea device, called QT33. QT33 has obtained patent in Korea, US and China.The

device is currently solid in Korea and the company plans to expand to the U.S. market as soon as it

obtains US FDA approval.

Domo Bio’s QT33 is not just a simple improvement on the function and user convenience aspect. It

is a completely new snoring and obstructive sleep apnea device. So far, more than 97% of the patients using the

device have expressed high level of satisfaction and have experienced dramatic improvement in snoring and

sleep apnea. Domo Bio’s mission is to provide solution for snoring and sleep apnea so that people can lead

a healthier and happier life, breaking away from the fear aroused from snoring and sleep apnea. Domo Bio

plans to devote itself to supplying QT33 and continuing research development.

03
Freenters is a Chicago-based startup that provides free printing services to US university students.The

company makes revenue by allowing advertisers to place banner advertisement on the bottom margin

of the printed paper through its in-depth targeting mechanism that uses student’s grade, gender and major

to customize the advertisements.

Freenters satisﬁes both students who enjoy free printing services and the companies that previously had

to spend large sum of money on advertising to college students. In the near future, the company plans to

offer marketing promotions such as discount coupons instead of banner adverts. Freenters’ mission is to

go beyond simply providing free printing service by developing into a platform for advertisers that target

college students.

Website:

www.freenters.com

Industry:

Advertising / Marketing


04
Flow State Media is a mobile gaming company composed of MIT Zynga alumni focused on creating live

mobile multiplayer gaming experiences.Their hit word game Letter UP was the#1 Word Game in the

Apple App Store in 13 countries in just 5 days after launch.They were also featured as a Best New Game

by Apple. They foresee live, synchronous multiplayer play as the next evolution in mobile gaming, and believe

gaming companies that offer both synchronous and compelling ofﬂine play as the next winners in the

market.With their proprietary, cross-platform multiplayer engine, they are well-positioned to take advantage

of this on coming trend. The team has over 75 years of combined experience in gaming and has worked on

massive franchises such as Call of Duty, Zynga Poker and FarmVille.

Website:

www.ﬂowstatemedia.com

Industry:

Online/Mobile Gaming


05
PeopleWare is a “people-based” network for freelancers. Freelance market is worth more than $400 billion

dollars, but the problem is that it is difficult to verify freelancers unless you or somebody you know have

worked with them before. Also it is exhausting for freelancers to keep on marketing themselves to find the

next project to work on.

PeopleWare solves these issues in the freelance market by providing a platform that offers social network-

based verification and project matching. In other words, PeopleWare makes it easier for freelancers to find

work and for companies to employ freelancers. PeopleWare is an invitation-only service to ensure quality

control.The company’s mission is to gather great freelancers all over the world onto one platform.

Website:

www.itswowpeopleworld.tumblr.com/

Industry:

Human Capital Management

Peopleware

06
Penta Press is a startup that seeks to become the Getty Images of Asia. Penta Press differentiates itself from

competitors by utilizing its network of professional photographers in 25 countries. The company not only

provides professional photographers advice on photos that people upload, but also selects and supplies good

photos to domestic and foreign media companies such asYonhap News and JiJi Press. Penta Press

attracted a lot of attention when Russian speed skaterVictor Ahn’s photo of winning the gold medal at the Sochi

Winter Olympics was supplied toYonhap News. Penta Press is securing partnerships withYonhap News,

Daum and JiJi Press.

Website:

www.pentapress.com

Industry:

Online Platform


07
FeelU is a company focusing on delivering cutting-edge, multi-sensory experiences to users. Their team

consists of hardware and software specialists based in Tokyo, Seoul, and London. FeelU’s ﬁrst product, RingU,

is an interactive ring with which a user can give a signiﬁcant other or close ones a remote 'hug' no matter

how far they may be from each other.

The ring is connected to a corresponding private social network where you can send messages, photos,

and videos in conjunction with the ring’s physical ‘hug’. RingU has other exciting applications such as for

interactive music concerts and closer-than-before fan to idol interaction. There are limitless possibilities

for RingU to discover, and with it our world can be even more connected.

Website:

www.ringu.mixedrealitylab.org/

Industry:

Wearables


08
Industry:

mVoIP Platform


Based in Palo Alto, California, RingCL provides a mVoIP platform service that allows easy construction of

mobile communication environment just with API. Any APP can make mVoIP call within few hours using

RingCL API. Their biggest strength is that they are optimized for mobile environments unlike existing solutions.

Large trafﬁc can be handled reliably and cheaply using RingCL’s P2P method and can be connected to existing

operator using international standard SIP.

We provide a private manager page where the client company can easily check various data information and

all user history and call records are kept encoded. If there are companies that want to build mobile environment

for communications or provide mVoIP to their own APP service, RingCL is their solution.

Select Companies

SparkLabs 4th Class

03
HUD Inc. has developed a new technology to render 3D-images of buildings by simply using ﬂoor plans. They

utilize algorithmic modeling instead of other traditional methods such as using panoramic cameras or by

generating an image of the complete building. A live demo of alpha version is currently available on web and

the ofﬁcial beta version of the platform will be available by May 2015. They have produced 3D models

for 4,500 apartments in Gangnam area of Seoul, and by late 2015 they plan to have 3D data for 4.5 million

residential facilities in Korea.

Industry:

3D /Virtual Reality


02
Industry:

Mobile Application / Healthcare

Beacon Doctor

Based out of Chengdu, China, Beacon Doctor aims to provide a mobile and cloud based solution for doctors

and the medical community to collaborate and communicate more effectively. Beacon Doctor has three major

features: Dynamic Directory, Cloud Storage and Search, and Medical Network Service (MNS).

06
Stayes is both web and app based platform that connects unrented ﬂats to consumers who are looking for

long term rental service. Consumers can rent rooms from as short as two weeks to more than a year with

price that is 60% lower than the traditional market. Stayes has made rapid growth since the launch in

September 2014. Stayes is currently based in Seoul and plans to expand globally in future.

Website:

www.stayes.com/ko/

Industry:

Travel / Online Marketplace


01
Website:

www.buyfi.com/

Industry:

Data Analytics


BuyFi is a provider of analytics, social media and marketing applications to small and mid-sized businesses.

They continue to grow their base of payment processing partners and the latest to join is SilverEdge, a

Colorado-based provider of turnkey business solutions, with over five thousand merchants under its portfolio.

Since January 2014, BuyFi has seen the adoption of its business analytics application grow rapidly from

1,500 merchants to over 15,000 merchants. The company raised their seed round from Accel (first venture

capital firm in Facebook, Dropbox and Supercell) and Charles Rivers (first venture capital firm in Twitter

andYammer).

04
N.thing is committed to developing innovative IoT products that are designed to improve the quality of food

consumption. N.thing's ﬁrst product, Planty, is an internet connected herb pot that introduces a new smart

way of living. It provides innovative and smart gardening experience to users through functions such as giving

water remotely, analyzing data and user behavior collected from the device. Users can gain access to

agricultural data and gardening community on the mobile application, which is automatically and wirelessly

connected to the herb pot. N.thing aims to step beyond the out-of-date agricultural technology.

Website:

nthing.net/life

Industry:

IoT / Agriculture


05
Onnuri DMC was founded in April of 2014 by members with over 10 years of experience in digital marketing.

They have built a new data management platform for mobile advertising called Cross Target. Cross Target

analyzes user behavior on mobile devices in order to provide the most relevant advertisement to users.

Onnuri DMC has built partnerships with top media agencies, portals and other leading advertisement

platforms in Korea.

Industry:

Ad Tech


SparkLabs Accelerator Q1 2015

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SparkLabs Accelerator Q1 2015