Nokia Growth Partners Buys into Japan
Morpho, Inc., provider of image processing software solutions for mobile devices, has announced that it received an investment in the amount of 165 Million JPY (approx. $150 Million) from Nokia Growth Partners, the venture capital arm of Nokia. The investment from Nokia Growth Partners, its first ever in a Japanese company, follows Morpho’s recent announcement that it had received an investment from DoCoMo. With these latest rounds of funding Morpho plans to grow its overseas operations to meet the increasing demands of customers worldwide.