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Blocko, a Korean based Samsung SDS backed infrastructure provider, raised $7.5 million (KRW9 billion) in a Series B+ funding round. Shinhan Bank, KEB, Hana Bank, Investment Dadam including major domestic financial institutions participated and invested in the startup.
Blocko came into existence in December 2014 and has received series A, Series A + and Series B investments. This is from Samsung Venture Investment, Daesung Entrepreneur Investment, and POSCO Technology Investment. Samsung SDS has also invested in Blocko to boost future business competitiveness through startup investments.