Weglot, a Paris-based SaaS company that offers translation API for websites, announced that it secured a €45 million growth investment from Partech Partners, a global technology and digital-focused investment firm.
As a leading SaaS software that helps businesses turn their websites multilingual, Weglot will use the investment to further expand its market share as a global leader in website translation software.
This investment will allow Weglot to further scale the development of its solution and accelerate its expansion, helping to build on its mission of helping anyone to translate their website effortlessly.
Company: Weglot
Raised: €45.0M
Round: Growth investment
Funding Month: March 2022
Lead Investors: Partech Patners
Additional Investors:
Company Website: https://weglot.com/
Software Category: no-code Website Translation Software
About the Company: Founded by Augustin Prot and Remy Berda in 2016, Weglot is a no-code website translation software that allows anyone to launch a multilingual website instantly. It translates and displays the content of a website, removing the need to manage multiple websites for multiple markets. The company’s API integrates into websites within minutes through a plugin or a script. Weglot’s solution helps companies translate more than just the words on the website, including images, metadata, and content coming from outside of a website (e.g., a review app). To date, the French company has helped more than 60,000 B2B and B2C brands translate and display their websites in multiple languages, including Microsoft, Spotify, Steve Madden, and Volcom.
Source: https://weglot.com/blog/weglot-announces-45m-growth-investment/ https://siliconcanals.com/news/startups/weglot-saas-company-closes-45m/