Helsingborg-based localization company LocalizeDirect announces an investment of € 1 million (SEK 10 million) from Entreprenörinvest, owned by The IKEA Family Foundation and a number of Swedish venture capital firms and private individuals, including Innovum Invest. Former investors also participated in the financing round.
Together with the deal it was also announced that Jan Andersson, a founder and former CEO of ReadSoft, will join LocalizeDirect’s Board of Directors.
The funding will support the launch and development of Gridly – a collaborative headless CMS for multilingual game projects.
“The trend we’ve seen for the last few years is a shift to a continuous development of games – games as a service. Instead of a one-time launch, developers now push out new content frequently, often on a weekly basis, in multiple languages. Managing game data for agile multiplatform and multilanguage releases is time-consuming and can rapidly spiral out of control.” says LocalizeDirect’s CEO Christoffer Nilsson.
Gridly will have an open API, spreadsheet UI and features version control, branching, granular user access control and localization support.
“The demand for agile, high-quality localization technology and services will continue to grow. It is already a key success factor in the game industry, but it is evident that the need for localization also grows fast in many other areas. LocalizeDirect is very well positioned to grow in this market and Gridly has the potential to become the preferred solution for many companies in many industries,” says Jan Andersson
Gridly is currently in beta and will be released in September 2020. You can read more here