TWO homegrown tech startups this week inked separate pacts with Japanese firms that will see them extend their reach and service offerings beyond Singapore and Asia.
HRBoss, a human resources data-driven software company, on Monday secured US$3.6 million in Series B funding from Japanese venture capital firm Jafco.
With this investment, HRBoss plans to make its foray into the US and Europe.
"Even though we're committed - as an Asian tech startup - to creating HR solutions that work for Asian businesses, our software has been a global product from Day One, and we will tailor it to cater to all our new markets," marketing director Eloise Sutton told The Business Times.
Besides Singapore, HRBoss serves six other markets in Asia: China, Japan, Vietnam, Hong Kong, Indonesia and Malaysia.
The startup was also the first Asian company to be recognised at the recent 2013-2014 Cloud Awards, a global platform that celebrates "excellence and innovation in the sphere of cloud computing", winning the Best Software as a Service (outside the US) award.
To date, HRBoss has secured US$12 million in investment since its launch in 2011.
Meanwhile, fellow local startup Dropmysite on Monday launched its cloud-based back-up technology on Japanese Web-hosting site LOLIPOP!
The technology would safeguard all of LOLIPOP!'s rental servers and allow its 392,000 users to back up their data for only 300 yen (S$3.70) per month.
The need for websites to install back-up technology has never been greater, Dropmysite publicist Peter Yu told BT.
"Due to the unprecedented rise in vulnerabilities of the Internet, the hacking of websites and website crashes are bound to happen. Moreover, more businesses today depend on online sales to boost their revenues, hence website downtime and data loss can be major deterrents to their growth," explained Mr Yu.
With Monday's launch, Dropmysite will extend its services to Japan, in addition to its current markets of India, Australia, Indonesia, Mexico and North America.
"This is a great endorsement for Singapore as a tech hub that exports products to Japan and the rest of the world," said Mr Yu.
It is also a major step forward in the startup's grand goal of providing startup solutions for all of the Internet, he added.
Last November, Dropmysite inked a deal with LOLIPOP! site owner GMO Pepabo to develop e-mail and mobile back-up products for the Web-hosting firm. In 2012, Dropmysite bought US-based rival OrbitFiles for an undisclosed sum and acquired more than 235,000 sign-ups from North America and Canada.
It has secured $3.9 million since its 2011 launch.

TWO homegrown tech startups this week inked separate pacts with Japanese firms that will see them extend their reach and service offerings beyond Singapore and Asia.

HRBoss, a human resources data-driven software company, on Monday secured US$3.6 million in Series B funding from Japanese venture capital firm Jafco.

With this investment, HRBoss plans to make its foray into the US and Europe.

"Even though we're committed - as an Asian tech startup - to creating HR solutions that work for Asian businesses, our software has been a global product from Day One, and we will tailor it to cater to all our new markets," marketing director Eloise Sutton told The Business Times.

Besides Singapore, HRBoss serves six other markets in Asia: China, Japan, Vietnam, Hong Kong, Indonesia and Malaysia.

The startup was also the first Asian company to be recognised at the recent 2013-2014 Cloud Awards, a global platform that celebrates "excellence and innovation in the sphere of cloud computing", winning the Best Software as a Service (outside the US) award.

To date, HRBoss has secured US$12 million in investment since its launch in 2011.

Meanwhile, fellow local startup Dropmysite on Monday launched its cloud-based back-up technology on Japanese Web-hosting site LOLIPOP!

The technology would safeguard all of LOLIPOP!'s rental servers and allow its 392,000 users to back up their data for only 300 yen (S$3.70) per month.

The need for websites to install back-up technology has never been greater, Dropmysite publicist Peter Yu told BT.

"Due to the unprecedented rise in vulnerabilities of the Internet, the hacking of websites and website crashes are bound to happen. Moreover, more businesses today depend on online sales to boost their revenues, hence website downtime and data loss can be major deterrents to their growth," explained Mr Yu.

With Monday's launch, Dropmysite will extend its services to Japan, in addition to its current markets of India, Australia, Indonesia, Mexico and North America.

"This is a great endorsement for Singapore as a tech hub that exports products to Japan and the rest of the world," said Mr Yu.

It is also a major step forward in the startup's grand goal of providing startup solutions for all of the Internet, he added.

Last November, Dropmysite inked a deal with LOLIPOP! site owner GMO Pepabo to develop e-mail and mobile back-up products for the Web-hosting firm. In 2012, Dropmysite bought US-based rival OrbitFiles for an undisclosed sum and acquired more than 235,000 sign-ups from North America and Canada.

It has secured $3.9 million since its 2011 launch.