Unbabel Raises $23M in Funding

Funding Rounds

Summary

Unbabel, a Lisbon, Portugal and San Francisco, California-based provider of AI-powered human translations at scale, raised another $23M in funding.The company intends to use the funds for international expansion and further product development.Led by CEO and co-founder Vasco Pedro, Unbabel provides a proprietary technology platform that combines Natural Language Processing, Neural Machine Translation, quality estimation algorithms and a global network of 55,000 translators.A graduate of Y Combinator’s 2014 Winter Batch, Unbabel offers APIs for integration with companies’ internal content creation, translation and communicational workflows, with dedicated integrations for Salesforce, Zendesk, WordPress, Mailchimp and other platforms that enable companies and their customers to understand and be understood in dozens of languages.Companies already using its services include: – Amadeus – Booking.com – Skyscanner Ltd – Easyjet – Under Armour – Daniel Wellington – Lush – Maclaren – Made.com – Oculus VR – The Hut Group – Digital – Buzzfeed – Eventbrite – Evernote – GoCardless – King – Rovio – Change.org – SoundCloud – Pinterest – Trello – Vimeo FinSMEs 11/01/2018

$ Funding

$
Amount $23.0M Total raised
Date January 11, 2018 Announcement date
Investors - Lead investors
Company http://www.unbabel.com Funded company

Classifications

industries
No industries detected
applications
Web and Content Management

AskAI Classifications

Labels
Language Operations Platform Translation Software AI-based SaaS

Linked Companies

Unbabel
$50M to $100M