Lengoo AI, a German-based startup, recently announced that it raised $20 million in a series C funding round led by Coldewey Techcrunch. The funds will be used to expand Lengoo’s artificial intelligence (AI) language services and grow its market presence globally.
Lengoo was founded in 2015 by CEO Ramin Soleymani and CTO Thomas Brox, with the aim of providing high-quality, affordable language translation services powered by AI. The company has since expanded its services to include copywriting, content creation, and localisation, all powered by its proprietary AI technology.
Lengoo’s AI technology
Lengoo’s AI technology is designed to provide businesses with fast, accurate and cost-effective language services. The platform uses machine learning algorithms to learn from vast amounts of data and deliver human-like results in real-time. This not only speeds up the process of translation, but also improves the accuracy of the results, reducing the need for human editors to correct mistakes.
Lengoo’s services are in high demand
Particularly in the e-commerce, marketing, and legal industries. These industries require fast, accurate language services to meet the demands of a global market and stay ahead of the competition. Lengoo’s AI technology is helping businesses in these industries to meet these demands and stay ahead of the competition.
The $20 million funding round is a significant milestone for Lengoo, and a testament to the growing demand for AI language services.
The $20 million investment
The $20 million investment is a significant step forward for Lengoo, and will help the company to further its mission of providing high-quality, affordable language services powered by AI. The funding will allow Lengoo to continue to develop its AI technology and expand its language services to meet the demands of a global market.
Lengoo’s AI powered language services are set to revolutionize the language services industry. The company’s cutting-edge technology is providing businesses with fast, accurate and cost-effective language services, helping them to stay ahead of the competition in a global market.