Tolingo, a Hamburg, Germany-based online translation platform, has completed a second funding round of undisclosed amount.
The round was led by Acton Capital Partners, with participation from existing investors Neuhaus Partners and KfW, via ERP Startfonds.
Founded in 2008 by Managing Director Hanno von der Deckenand, who led the company along with Gunnar Piening, Tolingo operates a platform that connects customers and freelance translators from countries all over the world. Customers can choose from 220 different language combinations and 26 relevant specialist areas. Tolingo passes the inquiries on to suitable translators and also handles quality assurance, billing and customer service.
The company employs 40 staff in Hamburg and works with more than 6,000 professional translators worldwide.
FinSMEs
24/05/2011