Iyuno-SDI Group Secures $160 Million Investment from SoftBank Vision Fund 2
Summary
SoftBank Vision Fund 2 will become one of the largest shareholders of Iyuno-SDI and join its Board of Directors together with Altor, David Lee - Iyuno-SDI Group CEO, Shamrock Capital Advisors and SoftBank Ventures Asia Corp. Iyuno-SDI Group has been at the forefront of developing cutting-edge solutions, leveraging the best of AI and Neural Machine Translation technologies in combination with creative and linguistic skills from a collective 70 years of experience in delivering the highest quality localization services to the worlds largest content producers and distributors. "SoftBank Vision Fund 2s portfolio companies are each transformative in their respective industries and Iyuno-SDI is proud to join this network of businesses innovating and advancing the state of the art." "We believe the media and entertainment sector is undergoing massive disruption, as content distribution and consumption patterns are dramatically changing," said Chris Lee, Director at SoftBank Investment Advisers. With deep roots in the industry dating back to 1965, the company is unmatched in operational expertise, scale, capacity and breadth of services. Leveraging the best in breed creative and technical talent, state of the art facilities and next generation technologies, the company now boasts the largest global footprint with 67 offices in 34 countries.