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Japan based bitFlyer is slowly proving that even after the collapse Mt. Gox, the Japanese exchange, and the recent incarceration of its' CEO, there is still hope for bitcoin in Japan. The inclusion of top local investors in the round could be due to the company's plan on building a more secure system, most likely to avoid any misconduct going forward.
Japan-based bitFlyer said it would use the latest funds to heighten security for its customers plus establish and maintain a solid management system. The statement continued: "In addition, bitFlyer will take advantage of synergies available with each investment organisation, and will continue to promote customer base expansion, strengthen revenues, and expand our global business development."
http://www.coindesk.com/bitcoin-exchange-bitflyer-raises-4m-in-new-funding/
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