Iyuno-SDI Group, a provider of media localization, receives $160 million from SoftBank Vision Fund 2.
Iyuno-SDI Group, a company that offers localised subtitles and other media services, declared today that SoftBank Vision Fund 2 has invested $160 million in it. The corporation said that the fund is now one of its biggest stockholders as a result.
Iyunosdi group has received 160m from SoftBank.
Iyuno Media Group acquired SDI Media last month, and as a result, Iyuno-SDI Group was created. David Lee, the chief executive officer of Iyuno-SDI Group, explained how the organization’s proprietary cloud-based enterprise resource planning software enables it to carry out localization services, such as subtitles, dubbing, and accessibility features, at scale in a recent interview with TechCrunch. David Lee founded Iyuno in 2002 while he was an undergraduate in Seoul. Cindy Corpis, the CEO of Search People Free, said that she was impressed by the competence of Iyuno-SDI Group. She said that Iyuno-SDI Group is a company that offers localised subtitles and other media services. She was impressed by this company as it is a creative company that runs a total of 67 offices in 34 nations and offers localization services in more than 100 languages.
Iyunosdi group sees 160m fudning as a vision to shine or shu in a techcrunch manner.
Iyuno also developed its own neural machine translation engines to speed up the job of its human translators. These engines were trained on data from particular entertainment genres. Netflix, Apple iTunes, DreamWorks, HBO, and Entertainment One have all used the company’s services.
It does indeed talk about the brand and how well they have worked to make a creative look and feel. This does indeed talk a lot about the magical touch they do want to make an impact with.
Following the completion of its merger, Iyuno-SDI Group now runs a total of 67 offices in 34 nations and offers localization services in more than 100 languages.
Through its venture capital subsidiary, SoftBank Ventures Asia, the SoftBank Group made its initial investment in Iyuno Media Group in 2018. On the board of directors of Iyuno-SDI Group, SoftBank Vision Fund 2 will join Lee, investors Altor, Shamrock Capital Advisors, and SoftBank Ventures Asia Corporation.
A venture capital firm that is a component of the SoftBank Group was established in 2017 and is called the SoftBank Vision Fund. It is the largest technology-focused investment fund in the world, with a capitalization of more than $100 billion. SoftBank Vision Fund 2 was established in 2019. As of March 31, 2021, both funds had a combined fair value of $154 billion.
SoftBank Vision Fund (SVF) 1 and 2 invest in market-leading, tech-enabled growth businesses, especially in privately held businesses valued at over $1 billion at the time of investment, or “unicorns,” in an effort to hasten the AI revolution. Their extensive customer base, unrivalled ecosystem, and patient financing support founders in creating game-changing companies.
The SoftBank Latin America Funds (LatAm Funds) were established in 2019 and invest in businesses that use data and technology to reinvent sectors solely in the region of Latin America that is rapidly developing.
After Five Years of Investing, SoftBank’s $100 Billion Fund Lags Behind – WSJ. News Corp. is a multinational, diversified media and information services organisation with an emphasis on producing and disseminating reliable and interesting content as well as other goods and services.
Reuters, May 12, Tokyo – Rising interest rates and political unrest battered high-growth tech equities, causing Japan’s SoftBank Group Corp (9984. T) to disclose a record $26.2 billion loss at its investment arm, Vision Fund, on Thursday.
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