Smartling, a New York, NY-based provider of a software platform that helps companies to better compete globally, by translating and managing their multilingual Web, mobile and business document content, closed a $25m Series D round of funding.
The round was led by ICONIQ Capital, with participation from prior investors First Round Capital, Harmony Partners, IDG Ventures, Tenaya Capital, U.S. Venture Partners and Venrock.
The company intends to use the funds to expand operations both in the U.S. and abroad, and to enhance its translation management platform with expanded support for leading content management, e-commerce, content management, marketing automation and CRM platforms. It is planning to expand its employee base in 2014 with more than 50 new hires in New York, Boston and Dublin, Ireland (http://www.smartling.com/company/careers).
Founded in 2009 and led by CEO Jack Welde, Smartling provides a cloud-based enterprise platform for translation management. It allows companies to quickly translate and deploy their websites and dynamic Web applications, mobile applications and business documents across the entire corporate digital infrastructure.
Customers include Dropbox, Foursquare, GoPro, HotelTonight, Path, Pinterest, Shutterstock, Spotify, SurveyMonkey, Tesla Motors, Uber, Vimeo, etc.
The platform currently serves billions of page views per month in more than 100 languages across the globe.
FinSMEs
22/05/2014
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