Smartling lands of $24 million for cloud-based translation software

 

Four-year-old Smartling, the software company translation company based in New York, announced on Wednesday that raised $24 million in investments.

Funding comes courtesy of a stellar series C funding round that Tenaya Capital, includes members of harmony, Venrock, U.S. Venture Partners, IDG Ventures, first round Capital and Felicis Ventures.

The US company is banking on the fact that the sector of language services can be better - much better - and improve the way companies deal with customers across borders and continents. To that end, it is plowing money in offerings and global operations with zeal in an attempt to continue the momentum that is already underway.

(In the past 12 months, the company has tripled the revenue, added to 120 corporate customers and doubled his account of the employee.) It has designs to hire 100 employees in the year 2014. Scale does nothing but a number).

Smartling sells his merchandise to a group of very high-profile: Shutterstock, Pinterest, Vimeo, Dropbox, Spotify, GoPro, TED, SurveyMonkey, über, Optimizely, son, Limelight Networks and Twilio were all cited in the funding of the ad company.

But the real value will be in winning more older, larger companies that have legacy deployments of software suppliers such as TransPerfect or Lionbridge localization/translation. "Smartling is only the significant SaaS company in an area traditionally dominated by agencies service and decades, on-prem software, founder and CEO Jack Welde said." Globalization and Cloudwords are also competing for a piece of the cake.

As with most other SaaS companies, Smartling launches their platform as fast, flexible, agile, easy to use and data-driven. (Oh and another thing: comparably affordable.) Smartling enables companies to select the best method of translation and the quality and specify a translation agency in particular, freelance, professional, voluntary, internal, etc. He also wears HIPAA, PCI level 1 and 2 SOC certifications.

With "China" on the lips of all executives and 'global' practically a requirement of doing business in the modern age (no matter how small the company), translation and localization of websites, applications, products and other content is vital.

Smartling exit at the top? We'll find out.