Friday, November 8, 2024
22.9 C
New York

Lokalise: Raises $6M in Series A Funding

  • Lokalise, a Riga, Latvia-based localization software startup, raised $6m in Series A funding
  • The round was led by by Mike Chalfen, with participation from capital300 and angel investors
  • The company intends to use the funds to hire talent globally in order to accelerate its growth, as they go fully-remote
  • Lokalise is a fully-remote startup with no prior funding, founded by Nick Ustinov and Petr Antropov in 2017
  • The product is a cloud-based software that streamlines the translation and localization process
  • To date, the company has attracted over 1,500 customers in 80 countries, from early-stage businesses, to scaleups, to Fortune500 companies

Hot this week

Banking as a Service: Meaning, Examples, Benefits and Future

The push for open banking has led to a...

What is Fintech?

Fintech: A term used to refer to innovations in...

Best fintech blogs and websites

Fintech (financial technology) has been an interesting part of...

How to buy shares online

Buying shares online in India has come a long...

Is it worth investing in life insurance over 60?

Is it worth investing in life insurance over 60? As...
Exit mobile version