About Sandbox Network
Sandbox Network is a Business Services company based in Seoul (South Korea) founded in 2009 by Lee Pil Sung, and was acquired by U.S. Silica in August 2016. Brand advertising services are provided by Sandbox in South Korea. It operates on a Professional Services and Two-Sided Marketplace model. Sandbox Network has raised $87.44 million across 5 funding rounds from investors including Nexon, Industrial Bank of Korea and YY. Its chief executive, as recorded, is Lee Pil Sung. Its website sandbox.co.kr draws about 110 thousand monthly visits. Sandbox Network offers products and services including Creator Partnership, Marketing Solutions, Intellectual Property Business, Production, and Game & Web3 Business. Its focus areas include Media & Entertainment, Digital Media and Content Creation. Its legal entity is SANDBOX NETWORK Inc.
Company details
Sandbox Network is involved in creating a more enjoyable world Ascendancy is supported through partnerships with creators. Various services including marketing solutions, intellectual property management, media production, and innovative gaming and Web3 solutions are offered. Operations span across digital media and entertainment sectors, focusing on content creation and creator-driven ecosystems.
- Headquarters Seoul, South Korea
- Founders Lee Pil Sung
- Stage Acquired
- SectorsBusiness Services
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website sandbox.co.kr
- Social LinkedIn Facebook Instagram YouTube
- Acquired by U.S. Silica (Aug 2016)
- Legal Name Sandbox Network Inc.
- Total Equity Funding$87.44M (USD)
in 5 rounds
- Latest Funding Round$45M (USD), Series D
Nov 2020
- InvestorsNexon
& 13 more
- Acquired byU.S. Silica
(Aug 2016)
Products & Services of Sandbox Network
Sandbox Network offers a comprehensive portfolio of products and services, including Creator Partnership, Marketing Solutions, Intellectual Property Business, Production, and Game & Web3 Business.
Partnerships with creators for content are facilitated here.
Marketing solutions for brands are developed and offered.
Intellectual property assets are managed and monetized effectively.
Media content production services are provided for clients.
Innovative gaming and Web3 solutions are being developed.
Apps and channels of Sandbox Network
its YouTube channel SANDBOX NETWORK (샌드박스네트워크) has 2.92M subscribers and 30 videos.
Videos from Sandbox Network
The most watched videos on Sandbox Network's YouTube channel, SANDBOX NETWORK (샌드박스네트워크) (2.92M subscribers). Click a video to play it here.
More on SANDBOX NETWORK (샌드박스네트워크).
Funding Insights of Sandbox Network
Sandbox Network has successfully raised a total of $87.44M across 5 strategic funding rounds. The most recent funding activity was a Series D round of $45 million completed in November 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $87.44M
- Total Rounds 5
- Last Round Series D β $45M
- First Round $84,620
(Sep 2015)
- Investors Count 13
All 5 funding rounds of Sandbox Network with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2020 | $45M | Series D | β | STIC Ventures, Nexon | β |
| Jul 2019 | $14.5M | Series C | β | YY, Engage | β |
| Jan 2019 | $27.5M | Series C | β | The Ben Taylor Company | β |
| Aug 2016 | $357,840 | Series A | β | K-Lan Ventures, Company K Partners | β |
| Sep 2015 | $84,620 | Seed | β | β | β |
14 investors in total: 14 institutional.
Investors in Sandbox Network
Sandbox Network has secured backing from 14 investors, including venture fund and institutional investors. Prominent investors backing the company include Nexon, Industrial Bank of Korea and YY.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments are directed toward SMEs by STIC Ventures. | sticventures.co.kr | Seoul, South Korea | ||
Early-stage centric sector-agnostic VC firm investing in Asia, the US and Iceland | 1982 | qcapital.co.kr | Seoul, South Korea | |
Venture capital investments are made in promising startups. | 1999 | samsungventure.co.kr | Seocho, South Korea | |
| bskinvest.com | ||||
Venture capital is invested in multiple sectors by Engage. | engage.vc | Atlanta, United States | ||
| krunventures.com | ||||
Venture capital firm investing in tech startups | 2006 | kpartners.co.kr | Seoul, South Korea | |
Nexon is recognized as a leading developer of online games. | 1994 | nexon.com | El Segundo, United States | |
Operates as a commercial bank providing deposits, loans, and payment services to customers. | 1989 | kdbbank.eu | Budapest, Hungary | |
Operates as an asset management firm specializing in investment strategies. | 2008 | jbam.co.kr |
Investor details for Sandbox Network
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Sandbox Network
8 people are tracked at Sandbox Network (2 in leadership, 6 in team).
| Name | Role | Group |
|---|---|---|
Lee Pil Sung | Co-Founder & CEO | Leadership |
Pilsung Lee | Co-founder and CEO | Leadership |
Hoonki Kim | 시니어 매니저(팀장) | Team |
Soo Yeon Gee | Senior Designer | Team |
Seonjung Park | Business Development Manager | Team |
Tian Hanul Lee | Senior BD | Team |
Hannah Kim | Development&planning | Team |
Chan Yong Sim | Principal Manager | Team |
Complete people profiles for Sandbox Network
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Sandbox Network
4 dated milestones of Sandbox Network across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Sandbox Network is founded.
- Funding First funding round of $85K.
- Exit Acquired by U.S. Silica.
- Funding Latest funding round, Series D, of $45.0M.
Web traffic of Sandbox Network
The website of Sandbox Network (sandbox.co.kr) receives about 109.9K visits a month.
- Monthly visits109.9K
▲ 41% vs previous month
Websites whose visitors overlap most with Sandbox Network. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
sooplive.co.kr | sooplive.co.kr | 100% | #746 | β | |
| inven.co.kr | 93% | 46M | #693 | View details | |
arca.live | arca.live | 93% | #584 | β | |
quasarzone.com | quasarzone.com | 84% | #5,834 | β | |
| gameloft.com | 79% | 6.5M | #10,528 | View details | |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
All 13 similar websites and full traffic analytics for Sandbox Network
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 13 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
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Related news about Sandbox Network
Complete news archive for Sandbox Network
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Frequently Asked Questions about Sandbox Network
Sandbox Network was founded in 2009 and raised its 1st funding round 6 years after it was founded.
Sandbox Network is headquartered in Seoul, South Korea.
Lee Pil Sung is the CEO of Sandbox Network, as recorded in our data. They have also founded this company.
Sandbox Network is a funded company, having raised a total of $87.44M across 5 funding rounds to date. The company's 1st funding round was a Seed of $84.62K, raised on Sep 2015.
Sandbox Network is involved in creating a more enjoyable world Ascendancy is supported through partnerships with creators. Various services including marketing solutions, intellectual property management, media production, and innovative gaming and Web3 solutions are offered. Operations span across digital media and entertainment sectors, focusing on content creation and creator-driven ecosystems.
Sandbox Network offers Creator Partnership, Marketing Solutions, Intellectual Property Business, Production, and Game & Web3 Business.
Sandbox Network has 14 investors. Key investors include Nexon, Industrial Bank of Korea, YY, Samsung Venture Investment, and Company K Partners.
Sandbox Network operates through Sandbox Network Inc..
Yes. Sandbox Network was acquired by U.S. Silica in August 2016.
The website of Sandbox Network receives about 110 thousand visits a month.