Tech Company Financing Transactions
Memsource Funding Round
On 6/28/2022, Memsource announced $15.8 million in funding from The Carlyle Group.
Transaction Overview
Company Name
Announced On
6/28/2022
Transaction Type
Venture Equity
Amount
$15,800,000
Round
Undisclosed
Investors
Proceeds Purpose
The new influx of capital will be used to further propel ongoing recruitment campaigns, product development efforts, and global expansion initiatives.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
Spalena 51
Prague, 110 00
Czech Republic
Prague, 110 00
Czech Republic
Phone
Website
Email Address
Overview
In 2021, Memsource, the leading translation management system provider, and Phrase, the leading software localization platform provider, joined forces. Memsource is a translation management system (TMS), the number one choice for localization professionals that need to cover the full range of enterprise localization use cases.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
We do our best to report on funding rounds that are announced publicly. All VC database entries on this site come from publicly available VC deal announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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