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-based enterprise resource planning software enables it to carry out localization services (e.g. subtitles, dubbing, and accessibility features) on a large scale.
David Lee founded Iyuno in 2002 while he was an undergraduate student in Seoul. Since then, the company has grown rapidly and now has over 1,000 employees in 18 countries. Iyuno-SDI Group has worked with some of the biggest names in the entertainment industry, including Netflix, Apple iTunes, DreamWorks, HBO, and Entertainment One.
The $160 million investment from SoftBank Vision Fund 2 will help Iyuno-SDI Group to continue its impressive growth and consolidate its position as a leading provider of media localization services.
Iyuno-SDI Group
Iyuno-SDI Group is a provider of media localization services. The company was created last month when Iyuno Media Group acquired SDI Media. Iyuno-SDI Group offers a range of services, including subtitles, dubbing, and accessibility features.
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 has over 1,000 employees in 18 countries. The company has worked with some of the biggest names in the entertainment industry, including Netflix, Apple iTunes, DreamWorks, HBO, and Entertainment One.
The $160 million investment from SoftBank Vision Fund 2 will help Iyuno-SDI Group to continue its impressive growth and consolidate its position as a leading provider of media localization services.
David Lee
David Lee is the chief executive officer of Iyuno-SDI Group. He founded Iyuno in 2002 while he was an undergraduate student in Seoul.
Lee has a wealth of experience in the media localization industry. In a recent interview with TechCrunch, he explained how the organization’s proprietary cloud-based enterprise resource planning software enables it to carry out localization services on a large scale.
SoftBank Vision Fund 2
SoftBank Vision Fund 2 is an investment fund that provides capital to growth-stage companies. The fund has invested in a number of companies in the technology and entertainment industries, including Iyuno-SDI Group.
Conclusion
Iyuno-SDI Group is a leading provider of media localization services. The company has received $160 million in funding from SoftBank Vision Fund 2. Iyuno-SDI Group plans to use the new funding to improve its technology and expand its business.
Related FAQs
- What is Iyuno-SDI Group?
Iyuno-SDI Group is a provider of media localization services. The company was created last month when Iyuno Media Group acquired SDI Media. Iyuno-SDI Group offers a range of services, including subtitles, dubbing, and accessibility features.
- What is SoftBank Vision Fund 2?
SoftBank Vision Fund 2 is an investment fund that provides capital to growth-stage companies. The fund has invested in a number of companies in the technology and entertainment industries, including Iyuno-SDI Group.
- What is the significance of the $160 million investment from SoftBank Vision Fund 2?
The investment will help Iyuno-SDI Group to continue its impressive growth and consolidate its position as a leading provider of media localization services.
- What is Iyuno-SDI Group’s plans for the new funding?
Iyuno-SDI Group plans to use the new funding to improve its technology and expand its business.