Tech Company Financing Transactions
SmartCAT Funding Round
On 9/10/2024, SmartCAT raised $43 million in Series C funding from Left Lane Capital and private investors.
Transaction Overview
Company Name
Announced On
9/10/2024
Transaction Type
Venture Equity
Amount
$43,000,000
Round
Series C
Investors
Left Lane Capital (Lead Investor) (Vinny Pujji)
Proceeds Purpose
The new cash will be put toward expanding its 200-person team, product development, and various ongoing marketing and sales efforts.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
101 Main St. 17th Floor
Cambridge, MA 02142
USA
Cambridge, MA 02142
USA
Phone
Undisclosed
Website
Email Address
Overview
SmartCAT stands to change the way companies expand into new markets by introducing the first cloud platform for translation automation, with direct access to 50,000 language professionals on demand.
Management Team
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