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SoftBank Eyesight Fund 2 invests $160M in media localization company Iyuno-SDI Group – TechCrunch

Iyuno-SDI Team, a service provider of translated subtitles and other media localization products and services, introduced now it has raised $160 million in funding from SoftBank Eyesight 2. The business mentioned this tends to make the fund a single of its biggest shareholders.

Iyuno-SDI Group was formed right after Iyuno Media Group completed its acquisition of SDI Media past month. In a recent interview with TechCrunch, Iyuno-SDI Team main govt officer David Lee, who introduced Iyuno in 2002 although he was an undergraduate in Seoul, explained how the company’s proprietary cloud-based enterprise source scheduling software package enables it to carry out localization services—including subtitles, dubbing and accessibility features—at scale.

Iyuno also crafted its individual neural equipment translation engines, qualified on info from unique leisure genres, to support its human translators perform much more swiftly. The company’s clientele have bundled Netflix, Apple iTunes, DreamWorks, HBO and Entertainment One particular.

Now that its merger is full, Iyuno-SDI Group operates a put together 67 places of work in 34 nations, and is capable to carry out localization services in additional than 100 languages.

SoftBank Group initial invested in Iyuno Media Team through SoftBank Ventures Asia, its enterprise funds arm, in 2018. SoftBank Eyesight 2 will be a part of Lee and buyers Altor, Shamrock Cash Advisors and SoftBank Ventures Asia Corporation on Iyuno-SDI Group’s board of directors.

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