ViKi Raises $4.3m in Series A Funding
Summary
ViKi, a Palo Alto, CA- and Singapore-based crowdsourcing translation site that allows users to discover world TV and movies in their own language, has raised $4.3m in Series A funding., a Palo Alto, CA- and Singapore-based crowdsourcing translation site that allows users to discover world TV and movies in their own language, has raised $4.3m in Investors include Greylock Partners, Andreessen Horowitz, Charles River Ventures, 500 Startups, Omidyar Network, The Raine Group, Neoteny Labs, Rajesh Sawhney, President of Reliance Entertainment of India, and Alex Zubillaga, former global head of digital at Warner Music.The company intends to use the capital to accelerate expansion in global markets and partnerships with content providers.Translators subtitle shows into their native languages under a Creative Commons license agreement, via ViKi’s integrated and systematic platform, which includes revision history and user-generated edits.The company was founded in 2008 by Jiwon Moon, Changseong Ho, and CEO Razmig Hovaghimian.