Pandora TV
Pandora TV (판도라TV) was a video sharing website that hosted user-generated content. Founded in October 2004, Pandora TV is the first video sharing website in the world to attach advertisement to user-submitted video clips and to provide unlimited storage space for users to upload. The operating company, Pandora TV Co., Ltd., has its headquarters in the Seoul-Gangnam Building in Yeoksam-dong, Gangnam-gu, Seoul.
| Company type | Private |
|---|---|
| KRX: 202960 | |
| Industry | Internet video sharing |
| Founded | October 2004 |
| Defunct | January 31 2023 |
| Headquarters | , South Korea |
Key people | Peter Kim, Founder and CEO Samuel Lee, COO |
Number of employees | 120 (2008) |
| Website | www.pandora.tv |
In 2007, it was the fastest growing website in South Korea. In 2008, it was the largest video sharing website in South Korea, and it had 3.6 million members. At the time, it had 35% of the Korean marketshare for video sharing sites.
The site was available in Korean, and after April 2008, in English, Chinese, and Japanese.
Pandora TV raised over $16 million from Silicon Valley venture capital firms - Altos Ventures and DCM - in two consecutive funding rounds 2006 and 2007, which represents the largest foreign investment made so far on any Korean Internet start-up.
On January 31, 2023, Pandora TV ended its service.