Germanybased Lengoo 20m Seriescoldeweytechcrunch
Introduction:
Lengoo is a German-based business that has revolutionized the language translation industry through the use of AI to translate. The company recently announced that it acquired 20 million dollars through the series C round of funding which was led by Dewey Tech. This round of funding has increased the valuation of the company to more than 100 million.
Lengoo’s AI-Powered Translation Services:
Lengoo provides an AI-powered translation service that delivers quick and accurate translations. Lengoo’s AI technology relies on sophisticated machine learning algorithms that have been honed over an extensive collection of linguistic information. It can translate between different languages such as German, English, French, Spanish, Italian, and many more.
What is what sets Lengoo distinct from other translation services is the focus on high quality. Lengoo’s AI-powered translation tool offers translations that are not just accurate, but also appropriate to the culture. The software takes into consideration the cultural context and particulars in the particular language that is being used to translate, this results in translations that are both authentic and pertinent.
Benefits of Lengoo’s Translation Services:
Lengoo’s AI-powered translators have numerous advantages for people and businesses alike. The company’s technology delivers fast and accurate translations that can aid businesses in expanding their business into new markets. Furthermore, the technology is able to take into consideration cultural differences to ensure that translations are culturally acceptable and appropriate. This is crucial when businesses are seeking to expand into new markets, as mistakes in the translation process can lead to missed opportunities.
Additional benefits include:
Lengoo’s AI technology also offers cost savings when compared with traditional human translators. This technology can handle large volumes of translation requests. This could help businesses cut expenses and boost the efficiency of their operations.
The Series C Funding Round:
The latest series C capital round, directed by Dewey Tech, will help Lengoo continue to expand and increase the services it offers using AI. Lengoo plans to use the money to further improve its technology and expand its reach across the globe.
Dewey Tech, the lead investor in the series C round of funding is a German venture capital company that invests in cutting-edge technology businesses. The firm has a solid history of investing in companies that have been successful, and its participation in Lengoo is proof of the potential of the company.
Conclusion:
Lengoo’s AI-powered language translation services have revolutionized the industry of language translation by providing fast and precise translations that are appropriate to the culture. The company’s recent series C financing round, which was led by Dewey Tech, will help Lengoo continue to grow and enhance its services, supplying businesses as well as individuals with excellent services for translating languages.
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