On the internet Korean beauty retailer Memebox raises $60M much more to sharpen its focus on the U.S.

Memebox, a Y Combinator startup that sells Korean beauty items in the U.S. and Asia, has raised $ 60 million. The cash is an extension of the firm’s Series C round which initially closed at $ 65.95 million in August.

The company mentioned the cash will go towards continuing its operations and growing its international footprint. Korea, its home industry, remains its biggest nation for sales, but the firm is growing its concentrate on China and, in specific, the U.S.. Founder and CEO Dino Ha lately relocated to San Francisco from Seoul.

The new funds requires Memebox to much more than $ 160 million in investor funds because it was founded in 2012. The round extension was put with each other by a range of existing and new backers, which consist of Goodwater Capital, Altos Ventures, Cowboy Ventures, Mousse Partners, Formation Group, Funders Club, Pear Ventures and Cota Capital. Janet Gurwitch, a partner with Castanea Partners and former CEO of cosmetics brand Laura Mercier, also invested and will turn into a member of Memebox’s advisory board.

Memebox began as a beauty box service, delivering a selection of cosmetics and products each month for a fixed charge, but as pioneers of business model such as Birchbox struggle, it evolved into a makeup and cosmetics shop. Thanks to the rise of K-Pop and Korean drama series, the firm has been able to surf a global wave of interest in Korea to expand its client base.

Today, Memebox sells its own brand items as nicely as these from third parties and market names. It operates physical shops in Korea, but is predominantly focused on on-line. Certainly, it claims that, worldwide, an average of 88 percent of purchases come by way of its mobile — that figure rises to 94 % for Asia-based customers. It mentioned its annual revenues are more than $ one hundred million, but it is not but profitable.


You Had been By no means Meant to See the Warcraft Game the Internet Just Located

Eighteen years ago, Blizzard cancelled Warcraft Adventures: Lord of the Clans—and probably for great explanation. A point-and-click adventure game set in the Warcraft universe, every little thing we’ve seen of Lord of the Clans appears a bit silly, a bit clunky Blizzard is a game firm with a higher pedigree, and when it came appropriate down to it the near-completed product didn’t appear to match their complete expectations.

Talking to GameSpot at the time, former Blizzard North vice president Bill Roper said, “We had been actually creating a standard adventure game, and what individuals anticipated from an adventure game, and very honestly what we anticipated from an adventure game, changed more than the course of the project.” In 1998, years before the adventure game genre imploded, it was probably a very good call.

But on the World wide web, secrets (and significantly less-than-stellar videogames) never ever keep buried, and thanks to a user named Reidor on the Warcraft fansite Scrolls of Lore, a near-total construct of Lord of the Clans has leaked. The version has almost all the game’s cutscenes and audio, and seems to be essentially finished, with the exception of some missing assets right here and there and desynchronized audio throughout the cutscenes. Different redditors and writers at other publications have even managed to get it operating on contemporary systems.

This leak provides us a much more complete history of a single of Blizzard’s list of legendary canceled titles, which contains the defunct stealth-action game Starcraft: Ghost and the mysterious Project Titan, whose spare parts were mined to develop Overwatch. It’s not the 1st leak of Lord of the Clans—we’ve had images and videos for years that are effortless adequate to track down—but it’s the 1st time it is been playable to a wide audience.

Lord of the Clans is also a fascinating snapshot of a time in Blizzard’s history when Warcraft was a a lot more broad, flexible spot than it is now following the enormous accomplishment of Globe of Warcraft produced the series a household name. It is a goofy game, with animation in a hand-drawn style by Animation Magic, who produced the legendarily negative Legend of Zelda CD-i games, and features all the hallmarks of classic point-and-click adventures, from obtuse puzzles and obscure jokes to extensive inventory management.

Activision, Blizzard’s parent organization, has, as of this writing, removed the download for copyright infringement, but once you open a box like this there’s no closing it.

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