MyAnimeList is one of the top anime and manga management sites on the internet. Over the past several years, the site has grown largely due to investments from other companies. That continues today when MyAnimeList announced several new investors which include Akatsuki Inc., DMM.com, The Anime Times Company Inc., and Kadokawa.
While individual investments were not detailed, collectively the companies have poured a total of 311 million yen worth of stock into the company. This equates to about $2.8 million USD.
Back in February, MyAnimeList issued about 1.2 billion yen ($11.3 million) worth of stock. The 311 million yen in stock invested is said to be a portion of that. This isn’t the first time that companies have invested in MyAnimeList via third-party allotments. Kodansha, Shueisha, and Shogakukan have previously been listed as investors using this method.
The funds are aimed towards accelerating expansion of its platform. This also includes better accessibility for new and returning users, promotion of information exchange, enhancing server architecture, infrastructure changes, new UX/UI features, and more.