Smartcat, a Boston, MA-based provider of an enterprise language AI platform, raised $43M in Series C funding.
The round was led by Left Lane Capital.
The company intends to use the funds to support the growing demand for its AI-based translation and multilingual content generation solutions.
Led by Founder and CEO Ivan Smolnikov, Smartcat provides an enterprise language AI platform which has over 100 use cases for all kinds of teams, including learning and development, marketing, localization, product, and ecommerce. Its language AI translates any content into any language (over 280) and allows global teams to generate new content from existing corporate materials.
More than 1,000 global enterprises, including 20% of the Fortune 500, use Smartcat to communicate all over the world.
FinSMEs
10/09/2024