Iyuno-SDI Community, a provider of translated subtitles and various media localization products and companies, announced this day it has raised $160 million in funding from SoftBank Vision Fund 2. The company talked about this makes the fund one in all its greatest shareholders.
Iyuno-SDI Community used to be formed after Iyuno Media Community carried out its acquisition of SDI Media ultimate month. In a recent interview with TechCrunch, Iyuno-SDI Community chief govt officer David Lee, who launched Iyuno in 2002 while he used to be an undergraduate in Seoul, described how the corporate’s proprietary cloud-based fully mostly enterprise resource planning map permits it to map localization products and companies — including subtitles, dubbing and accessibility points — at scale.
Iyuno also built its gain neural machine translation engines, trained on knowledge from explicit entertainment genres, to motivate its human translators work extra swiftly. The company’s customers have included Netflix, Apple iTunes, DreamWorks, HBO and Entertainment One.
Now that its merger is entire, Iyuno-SDI Community operates a combined 67 locations of work in 34 international locations, and is able to map localization products and companies in bigger than 100 languages.
SoftBank Community first invested in Iyuno Media Community thru SoftBank Ventures Asia, its venture capital arm, in 2018. SoftBank Vision Fund 2 will join Lee and investors Altor, Shamrock Capital Advisors and SoftBank Ventures Asia Company on Iyuno-SDI Community’s board of directors.
Source:
SoftBank Vision Fund 2 invests $160M in media localization provider Iyuno-SDI Community
