Friday, November 22, 2024
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Translated: Raises $30M in Funding

Translated Raises $30M in Funding

  • Translated, a Rome, Italy-based company that leverages artificial intelligence to support professional translators, raised $30m in funding
  • The round was led by a $25m investment from Ardian via the Ardian Growth fund
  • Through this investment, Ardian will help the company grow fast and scale the adoption of its AI-powered platform in Europe and in the US
  • The company is an end-to-end translation platform that combines iproprietary adaptive neural machine translation software – ModernMT – with a network of 200,000 engaged linguists
  • For over 20 years, The company has been offering human translation services in 194 languages and 40 areas of expertise
  • Today, the company serves global tech platforms including Airbnb, Google and Uber as well as small and medium-sized businesses

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