Cloudwords Completes Second Funding

Cloudwords, Inc., a San Francisco, CA-based global translation management company, has completed a second funding of undisclosed amount.

The round was led by Storm Ventures.

The company intends to use the capital to continue to focus on innovation and product development.

In conjunction with the funding, Mr. Tae Hea Nahm, Managing Director of Storm Ventures, jas joined the company’s Board of Directors. He will play a strategic role in Cloudwords’ development alongside existing investors including Marc Benioff and Dave Moellenhoff.

Led by CEO and Co-Founder Michael Meinhardt, the company providea an on-demand language management platform for organizations conducting business globally. It offers:
– OneTM, a cloud-based translation memory application which allows enterprise companies centralize their translation assets in a secure and scalable environment, and
– an Open API that allows enterprises to further automate their entire translation process supply chain.
It allows deep integrations with Salesforce.com Service Cloud, the Drupal CMS, as well as OpenCMS.

FinSMEs

18/05/2012

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