Language I/O Announces $8M Series A1 Funding To Boost Genai Capabilities For Translation Services
PRIVATEAug 03, 2023
Amount Raised
$8 Million
Round Type
Series A
CheyenneInformation TechnologySoftwareSoftware Development
Investors
Omega Venture PartnersPBJ CapitalGutbrain VenturesWyoming Business Council's Wyoming Venture Capital FundJoint EffectsWyoming Business Council's Wyvc Funds
Description
Language I/O (LIO), a leader in real-time, business-accurate translation technology, today announced its $8M Series A1 funding round led by Joint Effects, a Venture Capital firm based in Boston, MA. The largest investor in the round was the Wyoming Business Council's Wyoming Venture Capital (WYVC) Fund. Key participants also included Gutbrain Ventures, PBJ Capital and Omega Venture Partners. This investment will help expand the LIO machine learning (ML) team and platform that integrates generative AI to improve real-time translation quality and to ultimately generate language-specific, LLM-powered chatbots.
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Company Information
Company
Language IO
Location
Cheyenne, Wyoming, United States
About
Language I/O's software enables monolingual (i.e., English speaking-only) customer support teams to chat, email, and provide self-service support in over 100 languages in real-time. With our unique machine translation technology, we can get your team up and running with accurate, secure translations for your company and industry within 24 hours.
Our GDPR compliant and ISO-27001 certified software integrates with all major customer relationship management systems (CRMs) including Salesforce, Zendesk, and Oracle. By providing translations to your customer service agents in the platforms they already use, we empower them to respond to customer email and chat queries with the click of a button.
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CheyenneInformation TechnologySoftwareSoftware Development