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AI Translation Platform Smartcat Raises $43 Million in Funding to Serve 1,000 Enterprise Customers
Smartcat, a Boston-based startup, recently announced that it has successfully raised $43 million in Series C funding, which will further boost the development of its AI translation platform. Founded in 2016, Smartcat specializes in providing efficient translation solutions for businesses. Co-founder and CEO Ivan Smolnikov said the company currently has more than 1,000 enterprise customers, of which 20% is a Fortune 500 company, and the customer range covers large multinational corporations and a number of government agencies. Smoln...
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