Iyuno-SDI Group, a provider of media localization services, announced today that it had secured $160 million in funding from SoftBank Vision Fund 2. With this investment, SoftBank Vision Fund 2 joins Iyuno-SDI Group as one of its largest investors.
The funds will accelerate Iyuno-SDI Group’s growth and expansion into new markets and products. The company provides subtitles and other media services for global broadcasters, streaming platforms, film distributors, and more. This investment will help further strengthen the quality and reach of their services worldwide.
This news follows the launch of Iyuno-SDI’s automated subtitling platform and its artificial intelligence-driven captioning service. Iyuno-SDI plans to use the new funds to continue developing these and other innovative media localization solutions for their customers.
“We are thrilled to have SoftBank Vision Fund 2 as a major investor in our company,” said YJ Jang, CEO of Iyuno-SDI Group. “Their acknowledgement of our potential is very encouraging and we’re looking forward to making use of this investment to advance our technology and increase the reach of our products.”
This latest funding round brings Iyuno-SDI Group’s total funding amount to over $400 million since 2018 when a merger between SDI Media and IYUNO established it. The company has grown to employ over 6,000 people in more than 30 countries and is the leading provider of media localization solutions in the industry.
With SoftBank Vision Fund 2’s investment, Iyuno-SDI Group aims to become the go-to global media localization solutions provider. This new capital will help them build on their success and revolutionize how content creators share stories with international audiences.
Iyunosdi Group 160m Softbank From Softbank Vision Fund 2 appeared first on Writingeek.net.
Iyuno-SDI Group
will use the fresh capital to expand its media localization business while investing in new technologies and services. The funding will allow Iyuno-SDI Group to explore further automated subtitling services and other innovative solutions that can make their localization process easier and more efficient.
The company also plans to strengthen its presence in global markets by opening international offices in key locations worldwide and deepening existing partnerships with leading production companies, broadcasters, streaming platforms, and content creators worldwide.
In addition to the financial investment from SoftBank Vision Fund 2, Iyuno-SDI Group has gained access to cutting-edge technologies from SoftBank’s portfolio, such as artificial intelligence, machine learning, and robotics – all of which will be used to enhance their localization services.
The funding will also enable Iyuno-SDI Group to expand its global operations and further develop its products and services while continuing to help clients around the world produce, create and distribute quality audiovisual content.
According to Iyuno-SDI Group’s Executive Chairman, Hee-Woong Kim, “This investment is an important milestone in our company’s history that will allow us to accelerate our growth plans across all aspects of media localization. We are thrilled to have SoftBank Vision Fund 2 as a partner in this journey. We look forward to leveraging their powerful technologies to continue delivering the best solutions for our clients.”
David Lee
Iyuno-SDI Group’s CEO, David Lee, added, “We are very excited to have received this investment from SoftBank Vision Fund 2 and look forward to taking our business to the next level. We will use the capital to expand our presence in global markets, develop new products and services, and strengthen our relationships with existing partners. This is an exciting time for Iyuno-SDI Group as we work towards becoming one of the leading media localization providers in the world.”
SoftBank Investment Advisors managing partner Munish Varma said: “We believe that Iyuno-SDI Group has a bright future ahead of it. Their innovative approach to media localization makes them one of the most promising players in this market, and we are delighted to have the opportunity to support their growth.”
This latest round of funding further solidifies Iyuno-SDI Group’s position as a leader in media localization. With this new investment, they are well-positioned to widen their reach to more countries and take advantage of cutting-edge technologies while delivering quality subtitling services with great accuracy and speed.
Conclusion
The investment from Iyunosdi Group 160m Softbank Vision Fund 2 is a significant milestone for the Iyuno-SDI Group. It will provide the company with a massive boost as it continues to expand its media localization services worldwide. The infusion of capital and access to advanced technologies will help them further develop their products and services while continuing to help clients produce high-quality content quickly, efficiently, and at scale.
FAQS
Q: What is Iyuno-SDI Group?
A: Iyuno-SDI Group provides media localization services, offering subtitles and other language services to clients worldwide.
Q: How will Iyuno-SDI Group use the funding from SoftBank Vision Fund 2?
A: Iyuno-SDI Group will use the funding to expand its business and explore automated subtitling services. They also plan on deepening existing partnerships and opening international offices in key global locations. The capital infusion and access to advanced technologies will help them further develop products while continuing to help clients produce quality content quickly, efficiently, and at scale.
Q: Is Iyuno-SDI Group now one of SoftBank’s most significant stockholders?
A: Iyuno-SDI Group has become one of SoftBank’s most significant stockholders due to this investment.
Q: What technologies will Iyuno-SDI be able to access through SoftBank’s portfolio?
A: Iyunosdi Group 160m Softbank will have access to cutting-edge technologies from SoftBank’s portfolio, such as artificial intelligence, machine learning, and robotics – all of which will be used to enhance their localization services.
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