CyberAgent Ventures Invests in Foody, Vietnamese Gourmet Review Media (Asia)

Source: CyberAgent Ventures

CyberAgent Ventures, the venture capital arm of Japanese internet company CyberAgent, has invested in Vietnamese online restaurant review search engine Foody. Launched in August 2012, Foody has compiled information on over 10,000 restaurants and posted 5,000 user reviews. CyberAgent invested from its Southeast Asia-focused venture capital fund CA Asia Internet Fund I. Financial details of the transaction were not disclosed.