Tag: Deliverr Series Coatue

Iyunosdi Group 160m Softbank
Business

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 cl...
Deliverr Series Coatue 240msternlichtforbes
Blogs

Deliverr Series Coatue 240msternlichtforbes

This past year, e-commerce sales saw an unprecedented growth of 44%. While giants such as Amazon and Walmart, with their vast scale and same-day shipping capabilities, dominated the market, Deliverr, a logistics and fulfillment company that expedites shipping without charging consumers more, managed to capture a piece of the pie. Founded in 2014, Deliverr has raised $240 million to date, including a $100 million Series C in 2019, led by Coatue Management. With this latest round of funding, Deliverr is now valued at $1.2 billion. What is Deliverr? Deliverr is a logistics and fulfillment company that expedites shipping without charging consumers more. The company partners with thousands of retailers and brands, such as Macy's, Target, and Best Buy, to provide two-day or next-day shi...