Fundraising Fox

Xl8

San Jose, US Β· Founded 2019 Β· California corporation Β· 28 employees on LinkedIn Β· 2 known investors

XL8 offers MediaCAT, a cloud-based AI machine translation and localization platform for media and entertainment content, providing transcription, translation, subtitling, and quality checks. It serves language service providers, movie studios, content owners, streaming platforms, educational institutions, and freelance translators, with translation engines trained specifically on media and colloquial dialogue across 45 languages.

Also known as XL8 Β· XL8 Inc. Β· XL8.ai

Founders & leadership

Xl8 was founded in 2019 by Young Hoon Jung, Jinhyung Park, Tim, and Jay.

YH
Young Hoon JungCo-founder
JP
Jinhyung ParkFounder
T
TimFounder & CEO
J
JayCo-Founder & CTO

Investors Β· 2

Also in the syndicate Β· 1

Atinum Investment

Reported raises Β· per SEC filings

Form D private placements

$11M disclosed across 1 of 3 rounds Β· 2022–2023

β–Ά$11MraisedMay 2023 Β· 3 investors Β· Other Technology
Rule 506(c)
Officers, directors & promoters on the filing
  • Young Hoon JungExecutive Officer
Offering amount
$13.5M
Amount sold
$11M
Minimum investment
$995K
First sale
May 2023
Incorporated
Corporation, California, 2019
Federal exemptions
06c
Full filing on SEC EDGAR β†—

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

XL8 Inc. is a San Jose, California-based company that develops AI-powered machine translation (MT) technology specialized for media content and colloquial dialogue. Its engines are trained on what the company calls "Golden Data" β€” hand-curated, human-perfected subtitle and media translation data sourced from content producers β€” and are complemented by context awareness and multimodal translation that uses audiovisual cues such as apparent gender, age and speaker relationships to produce more conversational output. The company also offers personalized engines that can be tuned to individual customers, genres or recurring terminology, and states media-focused translation accuracy up to 40% higher than generally available MT services.

XL8 markets two core products. MediaCAT, launched in September 2022, is the company's media localization platform, organizing workflows into synchronization (speech recognition to generate subtitles and time codes), translation using media-specific training data, and dubbing. EventCAT covers live event interpretation and live subtitling, including an EventCAT app for Zoom released in the Zoom Marketplace in June 2023 that provides real-time interpretation for multi-language meetings across more than 20 languages. Additional capabilities cited by the company include in-line editing, automated media transcription with time coding, automated subtitling and synthesized voice dubbing, with API integration into third-party portals.

In 2023 XL8 extended beyond media and entertainment by acquiring American High-Tech Transcription and Reporting, Inc. (AHT), a provider of stenography, transcription and translation services for US government-related clients such as court hearings, depositions and law enforcement interrogations. XL8 stated it planned to work with AHT's human transcribers to improve its speech-to-text engine, which in turn feeds MT quality. CEO Tim Jung also became CEO of AHT, and CRO Josh Pine took the additional role of AHT president.

Compiled by commissioned research from 8 cited public sources β€” announcements, filings, and press listed under research sources below.

Key figures

latest reported
Claimed media translation accuracy advantage over competing MT servicesSep 202340%
Client countriesJan 202370
Clients and collaboration partnersJan 2023100+
Hours of content translated (cumulative)Sep 2023800,000 hours
Language pairs supportedJun 202377 language pairs
Languages supportedSep 202345 languages
Speech recognition accuracy in government-sector proof of conceptJul 2023~95%
Total disclosed fundraisingSep 2023$11.5M
Words translated (cumulative)Sep 20232,200,000,000 words

Company-reported or press-reported figures, each dated to when it was claimed β€” not independently audited.

Competitors Β· 3

by search overlap

Companies competing with Xl8 for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline Β· 20

launches, deals, and filings
Feb 2024
Achieved Trusted Partner Network (TPN) Gold Shield

source β†—

Jan 2024
Completed SOC 2 and Trusted Partner Network (TPN) Blue Shield certifications

source β†—

Dec 2023
Research paper accepted at EMNLP 2023

XL8's paper "Enhanced Simultaneous Machine Translation with Word-level Policies" was accepted at EMNLP 2023.

source β†—

Oct 2023
Won two DEG EnTech Awards for Technology Innovation and Emerging Technology Advancements

source β†—

Sep 2023
XL8 closes $7.5M Series A led by KB Investment

XL8 announced a $7.5 million Series A round led by KB Investment with participation from existing investor Atinum Investment, bringing total fundraising to $11.5 million. Proceeds were earmarked for integrating generative AI into its products and for expansion into Europe, the Middle East and the Americas.

$7.5M source β†—

Jul 2023
XL8 acquires American High-Tech Transcription and Reporting (AHT)

XL8 announced the acquisition of AHT, a provider of stenography, transcription and translation services for US government-related clients, marking its expansion beyond media and entertainment. Deal terms were not disclosed; AHT's founders remained through the transition and the AHT brand was retained.

source β†—

Jun 2023
EventCAT for Zoom released in the Zoom Marketplace

XL8 made its real-time AI interpretation app, EventCAT for Zoom, generally available in the Zoom Marketplace after a March beta. The app is based on XL8's Interpret platform and covers more than 20 languages.

source β†—

May 2023
Joined Google for Startups and Microsoft for Startups Founders Hub

source β†—

Mar 2023
Named to Slator's "50 Under 50" list

source β†—

Jan 2023
Market expansion into the UK, Turkey and the UAE

XL8 stated it had initiated global market expansion into the UK, Turkey and the UAE earlier in 2023.

source β†—

Nov 2022
Shortlisted for Web Summit Top 105 tech startups and Unicorn Battle Top 50

source β†—

Oct 2022
Shortlisted for 4YFN Top 50 digital startups (2023) and nominated for DEG EnTech Emerging Tech Award

source β†—

Sep 2022
MediaCAT AI media localization platform launched

source β†—

Aug 2022
Named to Media Play News' "40 Under 40" executives list

source β†—

Jan 2022
Shortlisted among New York City's Top 50 Startups

source β†—

Nov 2021
Opened first international engineering office in Seoul, Korea

source β†—

Oct 2021
Joined NVIDIA Inception Program for AI startups

source β†—

Sep 2021
Initial commercialization of XL8 live subtitling services

source β†—

Sep 2020
Initial commercialization of XL8 proprietary speech-to-text services

source β†—

Nov 2019
Initial commercialization of XL8 proprietary machine translation services

source β†—

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Legal entities Β· 1

corporate structure
Xl8California

β–ΈResearch sources Β· 8

primary sources listed
  • Xl8xl8.ai Β· web

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Xl8 do?
XL8 builds AI machine translation engines and localization products optimized for media, entertainment and live events.
Who founded Xl8?
Xl8 was founded by Young Hoon Jung, Jinhyung Park, Tim, Jay in 2019.
Who are Xl8's investors?
Xl8's investors include Atinum Investment Co. Ltd..
How much funding has Xl8 raised?
Xl8 has disclosed $11M raised across 1 of its 3 known rounds.
Where is Xl8 headquartered?
Xl8 is headquartered in San Jose, US.