Tag: investment

What Will Happen to the Language Industry if the AI Bubble Bursts?

The author argues that, while the signs of a bubble are unmistakable, language companies and professionals can prepare themselves now for sustainable success by integrating AI meaningfully rather than worshiping it.

Voice and Dubbing AI Company ElevenLabs Raises $250M Series C, Valued at $3B+

This milestone marks a significant leap for the New York-based startup, which specializes in AI-powered voice cloning and dubbing tools.

Smartcat Raises $43 Million Series C For Expansion of Enterprise Language AI

Smartcat's intuitive platform uses AI to translate and create content for global enterprises. The financing will support the growing demand for Smartcat's AI-based translation and multilingual content generation solutions.

DeepL announces $300 million investment at $2 billion valuation

With a focus on continued product development and global expansion, DeepL aims to empower companies to communicate seamlessly across languages.

Gridly Raises 28 MSEK (2.6m USD) to Support Digital Content Companies

Content Ops Platform Gridly is excited to announce the completion of a 28 MSEK (2.6m USD) series seed investment round to support the continued development of the company’s cloud-based content ops platform. 

Transifex Announces New Growth Investment and Leadership Succession

Transifex, the world’s leading continuous localization platform, today announced its acquisition by PARC Partners, whose investment will fuel continued growth with additional capital and management resources focused on customer value creation.

Smartling Announces $160 Million Growth Investment from Battery Ventures

Smartling Announces $160 Million Growth Investment from Battery Ventures as Digital Economy Fuels Growth in Global Translation and Localization Market Investment in enterprise-class, cloud...

Smartling secures $160 million capital investment

Cloud translation technology company Smartling is poised for a major business expansion following a $160 million investment from Battery Ventures.  Announced by company officials today,...

Boostlingo to power growth with Investment from Mainsail Partners

AUSTIN, TX (Aug 4, 2021) – Boostlingo announced a growth equity investment from Mainsail Partners. Boostlingo is a fast-growing technology provider of language interpretation...