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DeepL confirms it raised funds from VC at a billion-dollar valuation, giving the German-based machine translation company lots of dry powder to scale in the enterprise segment.
German tech darling DeepL said to be in final stretch of closing large venture capital-backed financing round, valuing machine translation firm at nearly USD 1bn.
How DeepL outmaneuvered big tech, won a following, and is now rapidly moving into machine translation as a managed service for enterprise customers.
World’s most popular non-Big Tech machine translation provider, DeepL, adds 13 EU languages as visitor traffic continues to push global engagement ranking past other MT platforms.
Interview with new DeepL CEO Jaroslaw Kutylowski about Europe focus, customer service, and the role of professional translators as machine translation improves.
Fast-growing German machine translation provider DeepL sells 13.6% stake to Silicon Valley venture capital firm Benchmark Capital as usage continues to accelerate.
Jaroslaw Kutylowski, Chief Technology Officer of DeepL, talks about why they decided to enter machine translation, discusses how they plan to monetize their technology, and weighs in on the man vs. machine debate.
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