Pulse Group Secures VC Funding
Pulse Group Shifts Gear with Funding
Sydney, February 16, 2007 -- Pulse Group, Asia’s leading ‘Research Process Outsourcing’ and ‘Online Panel’ firm, today announced that it had received VC funding from JAIC (Japan Asia Investment Company Ltd.), Asia’s leading Venture Capitalist firm. The funding involves a significant investment in Pulse for an undisclosed sum. Bob Chua, Pulse CEO commented, “We are delighted with the partnership between Pulse and JAIC as the injection enables us to further accelerate growth, and enhance our service offerings”.
Pulse was established in Asia, and had quickly expanded coverage into the Pacific Rim and Europe. “The investment from JAIC allows us to blaze a growth-path in International expansion, panel growth, and strategic acquisitions” added Chua. “Our organic momentum has been increasing steadily, however, the capital injection will allow us to super size and leapfrog ahead, taking us to the next level”.
Hideaki Fujiyama, JAIC’s Senior Management and new addition to the Pulse Board commented, “We’re extremely excited to be a part of the Pulse success story, reinforcing its war-chest for accelerated growth. The strong market conditions and company track-record lead us to believe that our financial backing materialized at an opportune time. We’re most excited about the future of Pulse”.
About Pulse Group
The Pulse Group is a first class Research Process Outsourcing and Online Panel company, built exclusively to serve the market research industry globally. Its services include Online data-collection, data-processing, and data-analysis.
The Pulse Group is a first class Research Process Outsourcing (RPO) and Online Panel company, built exclusively to serve the market research industry globally. Its services include online date collection, data processing and data analysis. Please visit www.pulse-group.com for more information.
About JAIC (Japan Asia Investment Co.)
JAIC, manages over USD$1.3Bn of funds across Asia, and is Japan’s largest independent venture capital firm. The JAIC Group provides an extensive array of services through various specialist group companies. These include JAIC Management Research Incorporation, which provides management and IPO consulting services to investee companies, JAIC Investment Advisory Co., Ltd., which acts as a bridge to institutional investors, and JAIC Business Service Co., Ltd., which provides administrative and accounting services for investment funds.