Eikon Group Limited, a London, UK-based provider of digital post-production services for the movie and broadcast industry, received an investment from YFM Equity Partners.
The financial terms of the deal were not disclosed. In conjunction with the funding, Colin Granger, a partner at YFM, will join Eikon’s board of directors.
YFM’s investment comes from its two advised VCTs, British Smaller Companies VCT plc and British Smaller Companies VCT2 plc alongside the YFM Equity Partners 2015 Co-Investment LP.
The company intends to use the funds for the expansion into the US where a new studio will be built in Burbank, Los Angeles as well as for continued investment in the development of technology to enhance the service delivery to customers.
Founded in 2014 by Peter Wright (CEO), Richard Fish (Commercial Director), Rick Corne (Innovations Director), Jon Gardner (Operations Director) and Russell Wetherell (Creative Director), Eikon Group provides digital post-production services for the motion picture and broadcast industry.
The company has technology facilities in Soho, London and Burbank, Los Angeles, offering digital mastering and localisation to the film, broadcast and online media industry.
– EIKON CMS is a campaign management system to manage, localize, distribute and debut feature film trailers and marketing material for feature film marketing campaigns cross cinema, online and broadcast platforms. CMS allows for the worldwide debut of marketing content across all worldwide territories simultaneously on the world clock across platforms such as Facebook, YouTube and other platforms.
– EIKON META system manages and facilitates the translation and subtitle delivery of feature film and episodic content in order to provide localized content around the world.
Clients include Paramount Pictures, Twentieth Century Fox, Sony Pictures Entertainment, Warner Bros, Universal Pictures, CBS and Netflix. Recent work includes the worldwide localisation and mastering for titles “Peter Rabbit”, “Greatest Showman”, “Shape of Water”, “Three Billboards Outside Ebbing, Missouri”, “A Quiet Place”, ‘Red Sparrow”.