Iyunosdi Group 160m Softbank
Iyuno-SDI Group, a provider of media localization, announced today that it has received $160 million in funding from SoftBank Vision Fund 2. Iyuno-SDI Group provides subtitles and other media services, and said that the fund is now one of its biggest stockholders.
With the new funding, Iyuno-SDI Group plans to improve its technology and expand its business. The company has developed its own neural machine translation engines in order to speed up the work of its human translators. These engines were trained using data specifically from entertainment genres.
Iyuno-SDI Group was created last month when Iyuno Media Group acquired SDI Media. In a recent interview with TechCrunch, David Lee - the chief executive officer of Iyuno-SDI Group - explained how the organization’s propriety cloud-...