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Serialized Fiction App Radish Gets $63M Funding, Opens LA Office & Eyes TV Opportunities

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deadline.com

Andreas Wiseman International EditorSerialized fiction app Radish says it has raised $63.2M in Series A funding led by SoftBank Ventures Asia and Korean firm Kakao Page Corp.The company also announced a new office in Los Angeles amid plans to grow its local team, build new content and adapt its original IP into gaming and TV opportunities.Radish, which has offices in Seoul, Korea, and New York, says it has seen significant revenue growth since its 2016 launch, and that it has produced more than 6,500 episodes across 30 original series.

Genres currently available on the app include romance and paranormal/sci-fi, but growth is planned for the LGBTQ, young adult, horror, mystery and thriller categories.

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