Rainbow Bridge World Entertainment (RBW) has attracted the investment of 70 billion won from domestic Venture Capital (VC).
On July 23rd, according to KTB Network, Korea Investment Partners, POSCO and more, RBW has invested a total of 70 billion won. RBW is expected to invest the funds that they're received from domestic venture capital investment to the overseas market, new artist development, content development and more.
In March 2010, the company founded by the three composers Kim Jin Woo, Kim Do Hoon and Hwang Seong Jin and aiming the overseas program production. Last March RBW merger with management company WA Entertainment and sets the overseas production.
RBW said, "In the future, RBW is considering to acquire small and medium-sized entertainment corp. After topped 20 billion won in sales, we're planning to listed the company on KOSDAQ."
