Japanese Startup Josys Raises $93 Million to Fuel Overseas Push
- IT firm seeks to provide outsourcing in over 100 countries
- More Japan startups look abroad as demographics dent prospects
The Josys Inc. website.
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IT outsourcing firm Josys Inc. raised $93 million to expand in areas including the US, South Korea and Southeast Asia, the latest Japanese startup to hunt for growth outside an aging home economy.
The Tokyo-based company, which seeks to provide one-stop IT support for clients with remote and overseas employees, will use the Series B fundraising to help double headcount to 240 by year-end, Chief Executive Officer Yasukane Matsumoto said in an interview. Josys wants to provide outsourcing services in more than 100 countries by the end of 2025, he said.