Systran Names Former Operations VP Vincent Godard as CEO
Vincent Godard returns to Systran to take on CEO role. Former CEO, Jean Senellart, to stay on as scientific adviser and board member. AI agency to grow global markets, expand in the cloud.
Vincent Godard returns to Systran to take on CEO role. Former CEO, Jean Senellart, to stay on as scientific adviser and board member. AI agency to grow global markets, expand in the cloud.
Language I/O raises USD 5m; CEO says funds will be used to hire more data scientists to expand machine translation platform beyond customer support.
Berlin-based startup Lengoo raises USD 20m Series B on thesis that custom machine translation combined with human-in-the-loop service can outcompete incumbent language service providers.
Transcription and captioning provider Verbit raises a whopping USD 60 million in series C from Sapphire to fund tech development but also growth via acquisition.
Two Silicon Valley venture capitalists and a private equity investor discuss their rationale for investing in the language industry, weighing in on an industry undergoing a profound shift.