Lokalise, a Riga, Latvia-based localization software startup, raised $6m in Series A funding.
The round was led by by Mike Chalfen, with participation from capital300 and angel investors, includitng Andrey Khusid (Founder and CEO of Miro) and his angel fund S16, Nicolas Dessaigne (co-founder of Algolia), Des Traynor (co-founder and Chief Strategy Officer of Intercom), Matt Robinson(CEO of Nested), Rich Waldron, Ali Russell, and Dom Lewis (the founders of Tray), Carlos Gonzalez-Cadenas (COO of GoCardless), Eugene Katz (ex-CS lead of Atlassian), Stephane Kurgan (the former COO of King.com) and Charlie Songhurst.
The company intends to use the funds to hire talent globally in order to accelerate its growth, as they go fully-remote.
Founded in 2017 by tech entrepreneurs Petr Antropov and Nick Ustinov, Lokalise provides a platform to manage localization – the process of adapting and translating content to local markets – for software, apps, websites, and other digital assets. Its automated and streamlined flow allows engineers, managers, translators, and designers to work together on multi-market products from prototype to production.
Lokalise is a fully-remote startup with no prior funding, founded by Nick Ustinov and Petr Antropov in 2017. The product is a cloud-based software that streamlines the translation and localization process and collaboration among developers, designers, translators, and project managers, also serving as a single source of truth for copy and translations. APIs, SDKs, and plug-and-play connectors automate data input from prototyping platforms to the live end-product. In three years it has grown to 60 employees, with thousands of customers from over 80 countries ranging from startups to Fortune500 companies.
To date, the company has attracted over 1,500 customers in 80 countries, from early-stage businesses, to scaleups, to Fortune500 companies, including Revolut, Yelp, Virgin Mobile, and Notion.