THINGSOFT

Venture Capital
PORTFOLIO

Industry : 

Online Games

Investment Year : 

2010

Investment Type : 

Seed Funding

Stonebridge Capital invested in the company's seed round in 2010 after only 6 months since the company's incorporation.

Thingsoft is a gaming company developing an MMORPG title called " The Chronicles of Periah". With Sangwon Jung, the former CEO of Nexon, on top, the team is consisted of world class gaming engineers from Nexon who have been working together for more than 10 years building games such as "Tacticle Commanders”.

Thingsoft was acquired by Nexon in 2013 and is run separately. They are highly anticipated to continue building stellar innovative games in the future.

Stonebridge Capital has deep roots with the founder Sangwon Jung. With strong belief in Thingsoft's innovative game project concepts and Sangwon Jung's business acumen, Stonebridge Capital invested in the company's seed round in 2010 after only 6 months since the company's incorporation.

2 years later, Stonebridge Capital led the series A round investing with Knet Partners which resulted in an acquisition to Nexon in 2013. Currently, Thingsoft and Nexon both remains important partners to Stonebridge Capital.