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Machine translation (MT) startup, XL8, raises USD 3m on UVP; engine trained on human-curated, post-edited data from media and entertainment industry. Round led by Korean VC, Atinum.
Pixelogic Media acquires Seoul-based Juice Media, expanding dubbing capacity amid rising media localization demand in Asia.
Korean machine translation startup, Bering Lab, closes seed round led by search engine giant, Naver; Bering CEO on their focus on legal and patent translation — and which sectors are next.
Korea Exchange (KRX) starts to offer English translation services for 54 listed companies, including subsidiaries of Samsung and LG.
Korean language services and data company Flitto raises USD 23m in IPO on electronic trading platform Kosdaq, Korea’s answer to Nasdaq; CEO heralds “AI boom era.”
First, Appen. Now, Flitto. Language data startup Flitto, which is about to list on Korean electronic trading platform Kosdaq, has attracted high, early demand for shares.
Close to 90 million K-pop fans avidly follow translated content in many languages, such as Finnish and Bulgarian.
Korean MMORPG Black Desert Online is undergoing localization of 2.5 million words and tweaks its business model for a 2016 Western release.
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