STANDING OVATION Inc. announced that it has received ¥180,000,000 in an equity round of funding on August 29, 2017. The transaction will include participation from D4V Fund No. 1, a fund managed by D4V LLC, Voltage Incorporation (TSE:3639), istyle Inc. (TSE:3660), Messiah Capital, Fashion & Technology No.

1 Investment Partnership and other angel investors. The shares will be issued through third party allotment method.