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Minkonet Raises $1M, Sets Up Headquarters In Los Angeles

Minkonet, a South Korean startup which is developing 3D video game capture technology, said this morning that it has raised $1M in a "Pre-Series A" investment round, and has set up a brand new headquarters in Los Angeles. The funding came from Evergreen Investment Partners, along with existing investors Bluepoint Partners and Kite Foundation. According to Minkonet, the funding specifically goes towards its operations in Los Angeles, and expansion into North America. Minkonet says it has now raised a total of $2.5M. Minkonet's software captures videogames from multiple "camera" views for later replay and sharing, according to the company. Minkonet's co-founder and CEO is Peter Kim.