LocalizeDirect Gets Funding For Game Localization System

LocalizeDirect, a game localization firm, says it has received $250,000 in venture capital from investment firm TeknoSeed to fund the upcoming online localization tool LocDirect. Helsingborg, Sweden-based LocalizeDirect describes itself as a "translation service company," and its official site suggests LocDirect is in beta, with an official launch slated for this year. The online software is said to offer "real-time localization," offering simultaneous access to the localization process by all parties involved in the game's development. "Traditionally, localizing gaming products has been complex and slow, causing delayed market introduction and reduced profits," said LocalizeDirect managing director Christoffer Nilsson in a statement. "With LocalizeDirect, developers and publishers can improve their localization process, save valuable time and increase the quality of localized versions." Added TeknoSeed partner Marcus Skarback, "The founders of [LocalizeDirect] are serial entrepreneurs with vast experience from the gaming industry and development of advanced internet based transaction systems, giving us solid ground upon which to build a successful company." TeknoSeed, headquartered in Lund, focuses on venture capital funding of tech, communication, and life science firms in southern Sweden. Skarback characterized the group's latest investment as a "very interesting venture with the potential to reshape the expanding market for software localization."