Smartling Raises $10M in Series B Financing

Smartling, a New York-based provider of a translation management platform that supports online businesses in building and delivering multilingual websites and mobile apps, has raised a $10m Series B round of financing.

Investors include existing shareholders U.S. Venture Partners, Venrock and First Round Capital and new backer IDG Ventures.

The company intends to use the new capital to expand its team and technology platform.

In conjunction with the funding, Steve Krausz, general partner with U.S. Venture Partners, has joined Smartling’s Board of Directors. He joins Joseph Ansanelli; David Pakman, partner, Venrock; and Jack Welde, CEO, Smartling, on the company’s Board.

Smartling’s cloud-based platform that combines crowdsourced, professional or machine translation methods to deploy and maintain sites. It is used by online giants including Foursquare, IMVU, Scribd and SurveyMonkey.

FinSMEs

27/07/2011

One comment

  • Smartling added three new executives:
    – Matt DeLoca as Vice President of Sales,
    – Mark Elkin as Vice President of Client Services, and
    – Elizabeth Golluscio as Vice President of Marketing.

    FinSMEs

    09/08/2011

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