Smartling, a New York-based leading cloud translation technology platform company, announced a $160 million growth investment from Battery Ventures as Digital Economy Fuels Growth in Global Translation and Localization Market.
The company will use the capital infusion to expand its product offerings and technology platform.
Company: Smartling, Inc.
Raised: $160.0M
Round: Growth Investment
Funding Month: December 2021
Lead Investors: Battery Ventures
Additional Investors:
Company Website: https://www.smartling.com/
Software Category: Cloud translation management platform
About the Company: Smartling is a language translation company that enables customers to localize content across devices and platforms. The company is recognized by CSA Research as the #1 Leader of the 2019 MarketFlex for language-oriented TMS, and by users on G2 as the #1 rated Translation Management System. Smartling established Enterprise Translation Cloud, a data-driven approach to localization, which enables its customers to achieve higher quality translation at a lower total cost. Smartling is the platform of choice for hundreds of B2B and B2C brands, including IHG Hotels & Resorts, Shopify, Survey Monkey, and Lyft. Smartling is headquartered in New York, with offices in Dublin and London.
Source: https://www.businesswire.com/news/home/20211202005321/en/Smartling-Announces-160-Million-Growth-Investment-from-Battery-Ventures-as-Digital-Economy-Fuels-Growth-in-Global-Translation-and-Localization-Market