Naver Corporation is a venture capital firm in South Korea that focuses on online services for Asian users. Founded 1999 in Seongnam, South Korea by Lee Hae-Jin, it invests in seed, series A, series B, and Series C rounds. Its portfolio companies include iPrice Group, Spoon, Appier, True Balance, and Syte. As of March 2020, Naver Corporation has made 37 investments. Their most recent investment was on Dec 24, 2019, when Spoon raised $40M. NAVER is also involved in software development and distribution; performances and exhibitions business; mobile content development and distribution; search advertising; internet commerce and customer service business; the operation and security services of IT infrastructure; operating online shopping services; and mobile applications marketing.