Transifex, a Menlo Park, CA-based provider of a worldwide localization platform, secured $2.5m in seed funding.
The round was led by New Enterprise Associates with participation from Toba Capital, Arafura Ventures and various angel investors including Georgios Papadopoulos (founder, Atypon), Ilya Sukhar (founder, Parse), Jonathan Siegel (founder, RightSignature), and Thanos Triant (angel behind Siebel and BrightEdge).
The company intends to use the funds to expand the capabilities of the platform and further develop Transifex Live, a new, patent-protected software just open to the public in beta.
Founded in 2009 by CEO Dimitris Glezos, Transifex has developed technology to manage continuous localization. It allows developers as well as marketers to create, publish, and manage translations of frequently updated global website content. The company has made its offerings free to the Open Source community, and counts Bitcoin, Creative Commons, Firefox, OpenStack, and Tor among the projects localized on the platform.
Customers include Atlassian, Coursera, Eventbrite, Strava, Vodafone, Waze, among others in over 30 countries representing over 17,000 projects with 170,000 users, localizing content in more than 150 languages.
Transifex is hiring (https://www.transifex.com/jobs/).
FinSMEs
25/06/2014