SwissGlobal Buys Rival (and Neighbor) Semiotic Transfer
Swiss language service provider SwissGlobal buys Semiotic Transfer, a boutique LSP located on the same street.
Language Industry (Artificial) Intelligence — Slator Answers
Matthias Trümpy
Interpretation Startup Interprefy Valued at CHF 11.5m after Fifth Funding Round
Zurich-based remote interpretation startup Interprefy has raised CHF 0.5m in funding and is now valued at CHF 11.5m. Former CLS CEO departs board while CEO of partner company joins new non-exec director.
SDL’s Former Asia EVP Launches New Language Service Provider
SDL’s Former Asia EVP, Richard Delanty, teams up with two SDL India veterans to launch Hong Kong-based language service provider Into23. Delanty explains how fast he plans to break-even, why he selected smartCAT, and why he thinks big LSPs don’t get Asia.
Interprefy Raises CHF 0.85m as Some Interpreters Push Back
Remote simultaneous interpretation startup Interprefy adds another CHF 0.85m in funding in third financing round in less than 18 months. While the company appears to get traction in the markets, it faces opinionated opposition from the interpreter community.
CLS’ Former CEO Launches New Language Service Provider
Competing on Lionbridge-owned CLS Communication’s home turf, former CLS CEO Matthias Trümpy launches SwissGlobal Language Services, assembles team of former CLS and Translation Probst executives.
Interprefy Closes Funding Round at CHF 4m Valuation
Swiss remote interpretation startup Interprefy raises second funding round in less than one year; sees its valuation increase from CHF 1.5m to CHF 4m (USD 4.1m). Startup faces pushback from some interpreters, but finds traction among conference organizers in Lake Geneva region and Zurich.
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