March 12, 2021

KDDI Corporation

KDDI has invested in Bizly, Inc. (CEO: Ron Shah, hereinafter "Bizly"), a provider of the SaaS-type service "Bizly" that streamlines meeting management, through the "KDDI Open Innovation Fund III" (Operator: Global Brain Inc., hereinafter "KOIF III"), which aims to co-create new businesses with promising startup companies.

Bizly is a meeting streamlining platform that integrates across video conferencing tools and calendars to provide a variety of features needed to plan and manage meetings more efficiently. Bizly allows employees to easily share their ideas and thoughts with the corporate organization, which contributes to corporate performance by improving meeting productivity.

Through this investment, KDDI will leverage its support structure to support Bizly's expansion into the Japanese market as a solution that improves the efficiency of corporate business operations.

As "the company that customers feel closest to," KDDI will continue to promote business co-creation through investment in promising startup companies, and create new business models together with customers and partners.

(Reference)

• ■Overview of Bizly, Inc.

  • (1)

    Company Name: Bizly, Inc.

  • (2)

    Headquarters: New York, United States of America

  • (3)

    Established: 2016

  • (4)

    Business Activities: Management of "Bizly", meeting management streamlining SaaS

  • (5)

    CEO: Ron Shah
    URL: https://www.bizly.com/

• 1. About KDDI Open Innovation Fund

  The KDDI Open Innovation Fund is a corporate venture fund that provides broad support for startup companies. Currently active, KDDI Open Innovation Fund III has a total investment scale of approximately 20 billion yen, and focuses on entertainment, home, IoT, big data, financial technology, and other areas.