What is Tapas?
Tapas Media is a digital content provider specializing in bite-size media accessible via its online mobile platform. Since its inception in 2012, the company has garnered substantial traction, accumulating over 600 million content views from more than 1 million readers, predominantly in North America. Founded by CEO Chang Kim, who previously held a product management role at Google, Tapas operates with a primary base in San Francisco and a secondary office in Seoul, Korea. The company's focus on easily digestible content has positioned it as a key player in the evolving media landscape.
How much funding has Tapas raised?
Tapas has raised a total of $2.8M across 3 funding rounds:
Angel/Seed
$650K
Series A
$2M
Debt
$150K
Angel/Seed (2013): $650K with participation from Strong Ventures and 500.com
Series A (2014): $2M led by Daum Communications, Inc.
Debt (2020): $150K supported by PPP
Key Investors in Tapas
Strong Ventures
Strong Ventures is a venture capital firm based in Los Angeles and Seoul that specializes in early-stage startups, with a particular focus on backing founders from Korea. They aim to foster innovation and growth through investment and mentorship.
500.com
500.com Limited is a leading online sports lottery service provider in China, offering a comprehensive suite of online lottery services and tools. It is one of the few entities approved by the Ministry of Finance to provide online lottery sales services in China.
Daum Communications, Inc.
Daum Communications, Inc. operates a platform that enhances user choice in news and information through advanced search capabilities, allowing users to enjoy content tailored to their interests.
What's next for Tapas?
The recent major strategic investment signals a pivotal phase for Tapas, likely enabling further expansion of its content library, enhancement of its platform technology, and broader market penetration. Given the enterprise-level nature of its funding, Tapas is poised for significant scaling, potentially exploring new content verticals or deepening its engagement with its existing user base. The company's strategic backing suggests a focus on solidifying its market leadership and exploring avenues for sustained growth and innovation in the competitive digital media sector.
See full Tapas company page