Smartling Raises $24M in Series C Funding
Smartling, a NYC-based enterprise translation software company, raised $24m in Series C funding.
The round was led by new investor Tenaya Capital, with participation from new investor Harmony Partners and existing investors Venrock, U.S. Venture Partners, IDG Ventures, First Round Capital, and Felicis Ventures. In conjunction with the funding, Ben Boyer, Managing Director, Tenaya Capital, joined Smartling’s Board of Directors.
The company intends to use the funds to accelerate growth, invest in the development and delivery of new products and services, and expand global operations.
Founded in 2009 by Jack Welde, CEO, Smartling provides companies across diverse industries with a cloud based translation software solution to power their translation and localization. It offers real-time visibility and control over all aspects of a translation project in one collaborative platform and allows clients to select the best translation method and quality for their business and project, whether it be the use of their favorite translation agency, freelance professional translators, volunteers communities, internal teams, computer-generated translation, or any combination.
The platform is enterprise-ready with HIPAA, PCI Level 1, and SOC 2 certifications, and meets the rigorous requirements of the largest consumer web and mobile companies, as well as the Global 2000.
Clients include Shutterstock, Pinterest, Vimeo, Dropbox, Spotify, GoPro, TED, SurveyMonkey, Uber, Hightail (formerly YouSendit), Optimizely, Glassdoor, Limelight Networks and Twilio.