Translation technology startup Lilt has hired former Lionbridge Chief Sales Officer Paula Shannon as Advisor. The move follows the company’s decision to begin offering services.
Charging clients per word but paying translators by the hour? Most anticipated language industry conferences? Top NMT contender DeepL’s fate in the next three years? And which megatrends will shape the market in 2019? Here are the results of our poll.
AI language services and tech agency, Lilt, raises USD 55m in series C funding led by Four Rivers, with new investors Sorenson Capital, Clear Ventures, and Wipro Ventures.
Shopify’s Content and Localization Manager, Giulia Greco, shares how the multi-channel ecommerce company will have localized six million words by the time 2018 ends, and why translation was the easy part.
A lot of Slator’s readers think Europe is lagging behind the US and China in language tech, translation productivity tools are widely seen as over-engineered, M&A-driven consolidation is a net negative, and MT should stay off national security’s radar.
memoQ is in business to make translation professionals more productive. Here's how how memoQ creates value for their customers
Listed front runners Rozetta and Appen deliver major share price gains as half of all listed language service providers fall short of S&P 500 benchmark performance.
As the language industry becomes more and more competitive, what are universities doing to ensure that their translation students are ready to enter the marketplace?
Australia’s Appen leads a H1 2019 ranking of listed language service providers. The language industry again outperformed the broader markets.
Undeterred by the 2016 ULG saga, industry veteran Jeff Brink teams up with a private equity firm to buy Florida’s Protranslating and launch a buy-and-build strategy.
San Francisco-based Lilt continues to execute on its new strategy of selling services into the enterprise, hires Dublin-based Lionbridge veteran Roberto Sastre.
Canada’s Housing Agency issues RFI to gain input from language industry on improving language services operating model; plans to outsource 9.5 million words by September 2019.
After a challenging 2016, UK-based Alpha CRC rebounds from losses to post modest profit for the full year 2017. Company says modern workflow tools and agile working may create a degraded environment for translators. Brexit not considered a serious risk.
Denmark’s LanguageWire buys Belgian-based Xplanation in deal that creates one of the largest diversified European language service providers. Combined 2018 revenues to come in at nearly USD 70m.
Translation productivity startup Lilt raises USD 9.5m in a series A funding round from Silicon Valley heavyweight Sequoia Capital as neural machine translation puts language industry back on VC radar.
Smartcat gets USD 7m from storied VC firm Matrix Partners to further scale its translation management platform and freelance translator marketplace.
WebCEO enlists users as volunteers to translate its software-as-a-service SEO platform and has turned out more than 2 million words in the last year through its Crowd Translation Center.
SDL projects 2017 revenues of GBP 285m, up 8% from last year. Pre-tax profit are down 18% due to restructuring charges, delayed software deals, and a faster than expected shift to SaaS. Language services margins improving.
Evernote began localization with zero budget, internally developed tech and crowdsourced translations. Now they handle 2.4 million words across 25 languages with their open source stack and direct freelancers.
Translation productivity behemoth SDL has settled a lawsuit it filed against Silicon Valley startup Lilt for alleged patent infringement.
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