Deepdub, a Tel Aviv, Israel-based leader in AI-based entertainment localization, announced that it raised $20 million in Series A funding.
The round was led by New York-based global venture capital and private equity firm Insight Partners, with participation from existing investors Booster Ventures and Stardom Ventures and new investors Swift VC.
Angel investors joining this round include Emiliano Calemzuk former President of Fox Television Studios, Kevin Reilly former CCO of HBO Max, Danny Grander Co-Founder of Snyk, Roi Tiger VP, Engineering at Meta, Gideon Marks, and Daniel Chadash.
The funds will be used to expand the global reach of the company's sales and delivery teams, bolster the Tel Aviv-based R&D team with additional top-notch researchers and developers, and further enhance the company's best-in-class deep learning-based localization platform.
Company: Deepdub Ltd.
Raised: $20.0M
Round: Series A
Funding Month: February 2022
Lead Investors: Insight Partners
Additional Investors: Booster Ventures, Stardom Ventures, Swift VC, Emiliano Calemzuk, Kevin Reilly, Danny Grander, Roi Tiger VP, Gideon Marks, and Daniel Chadash
Company Website: https://deepdub.ai/
Software Category: AI-based entertainment localization
About the Company: Deepdub is an Israeli startup company that aims to bridge the language barrier and cultural gap of entertainment experiences to international audiences across TV, Film, Advertising, Gaming, and e-learning. We provide a high-quality localization service of entertainment content using deep learning and AI algorithms. Deepdub plugs into the post-production process of content owners and takes complete ownership of all of their localization needs. Since their public launch, Deepdub inked a multi-series partnership with Topic.com to bring their catalog of foreign TV shows into English and became the first-ever company to dub an entire feature-length film into Latin American Spanish utilizing AI voices. The company is already working with multiple Hollywood studios on various projects.
Source: https://www.prnewswire.com/news-releases/deepdub-raises-20-million-in-series-a-funding-led-by-insight-partners-to-bring-ai-based-dubbing-global-301479228.html