Country for PR: United States
Contributor: PR Newswire New York
Friday, January 28 2022 - 13:27
AsiaNet
Iyuno-SDI Closes New Funding Round
LOS ANGELES, Jan. 28, 2022 /PRNewswire-Asianet/ --

- IMM Investments Corp invests in Iyuno-SDI, joins board of directors providing 
further backing for Iyuno-SDI's growth strategy

Iyuno-SDI today announced that it has secured a significant investment from IMM 
Investments Corp in Iyuno-SDI's latest financing round.

Logo - https://mma.prnewswire.com/media/1474653/Iyuno_SDI_Logo.jpg

The transaction represents the second major investment from leading global 
investment funds in the last 12 months, following a $160 million investment 
from SoftBank Vision Fund 2 in April 2021. The world's No.1 content 
localization and media technology company is now valued at $1.2 billion 
enterprise value following IMM's investment, a clear validation of Iyuno-SDI's 
strategy of global scale, cutting edge technology, and wide breadth of services.

IMM joins forces with Iyuno-SDI's impressive institutional investor base 
including Softbank Vision Fund 2, Altor Fund IV, Softbank Ventures Asia, and 
Shamrock Capital Advisors, LLC. The dedicated group of sponsors provides 
Iyuno-SDI with the depth of resources to continue its rapid growth plans.

"We are delighted to have IMM as a trusted partner in our success story. IMM's 
investment further solidifies Iyuno-SDI's strong capital base and our ability 
to remain faithful to our commitment to our customers, and the rapidly growing 
industry, where our mission is to deliver the much-needed innovation, quality 
and scale through technology-driven solutions and capacity investments," said 
David Lee, Founder and CEO of Iyuno-SDI Group.

Iyuno-SDI recorded remarkable growth in 2021 and anticipates this strong growth 
trajectory to continue on the back of the proliferation of global OTT streaming 
platforms and their rapidly escalating demand for high quality localization for 
English and increasingly non-English content. In addition to the growth in 
media and entertainment localization demands, the advent of AI based advances 
in text and voice translation will create a significant expansion of the 
addressable market for localization services with countless applications across 
several other vertical markets. 

"The media and entertainment sector is undergoing massive disruption, as 
content distribution and consumption patterns are dramatically changing," said 
Sungmin Na, Managing Director of IMM. "We are truly impressed by Iyuno-SDI's 
media tech capabilities and excited to support David Lee and the entire 
Iyuno-SDI team to deliver high-quality localization services to the media and 
entertainment industry and beyond."  

Iyuno-SDI Group was formed in 2021 following the acquisition of SDI Media by 
Iyuno Media Group. Leveraging best-in-breed creative and technical talents, 
state-of-the-art facilities and next-generation technologies, the company 
boasts the largest global footprint in the industry, with 67 offices in 34 
countries and growing. Iyuno-SDI's scale and customer-centric approach is 
focused on its mission of connecting content, connecting people. 

ABOUT IYUNO-SDI GROUP 

Iyuno-SDI Group (www.iyuno-sdi.com) is the media and entertainment industry's 
leading localization service provider. As a trusted global partner to the 
world's most recognized entertainment studios, streaming platforms and 
creators, it offers end-to-end localization services – from dubbing, subtitling 
and access services to media management, transformation and distribution 
services – in over 100 languages for every type of content distribution 
platform. With deep roots in the industry dating back to 1974, the company is 
unmatched in operational expertise, scale, capacity and breadth of services. 

About IMM Investment Corp 

IMM is one of the leading global investment firms headquartered in Korea, with 
USD 4.7bn in AUM. Since its inception in 1999, the firm has expanded its 
investment products from Venture Capital to Growth Private Equity and 
Infrastructure. More recently, the firm has expanded globally and is growing to 
become the leading Asian investment firm, with affiliates in Japan and Hong 
Kong, and investments in Japan, China, Vietnam, and the United States.  

For further information, please visit www.imm.co.kr.

SOURCE  Iyuno-SDI Group 

CONTACT: Chris Carey / Brianna Appel, press@iyuno-sdi.com
Translations

Japanese