Entreprenörinvest and Innovum in $1.1m round for LocalizeDirect

Existing investors also took part in the round. According to Crunchbase, the tech startup has raised $354,000 in one previous funding round. 

Jan Andersson, founder of cloud-based invoice automation software developer ReadSoft, now known as Kofax, will join the company's board of directors.

LocalizeDirect will use the proceeds to launch and develop Gridly, a content management system (CMS) for multilingual game projects. The product is currently at development stage and is due to be released in September 2020.

Managing director Christoffer Nilsson said: "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 multilingual releases is time-consuming and can rapidly spiral out of control. Gridly facilitates this process, allowing the product teams to cooperate more efficiently time- and cost-wise."

Company
Founded in 2009 and based in Helsingborg, LocalizeDirect offers a cloud-based software-as-a-service to game developers, allowing them to localise games faster and in a cost-effective way. The company has 11-50 employees, according to Crunchbase. 

People
LocalizeDirect – Christoffer Nilsson (managing director).
Entreprenörinvest – Jan Andersson (board member).

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• Topics
• Early-stage
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• Nordic venture