Your Source for Venture Capital and Private Equity Financings

Venture Capital News: Language I/O Announces $8M Series A1 Round

2023-08-03
CHEYENNE, WY, Language I/O, a leader in real-time, business-accurate translation technology, today announced its $8 million Series A1 funding round.
The round was 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.

LIO's real-time, business-accurate translation technology empowers Fortune 500 companies to communicate internally and externally in any language. By plugging directly into existing tools such as Salesforce, Zendesk, ServiceNow, and Microsoft Teams, LIO quickly generates accurate, brand-specific translations of user-generated content such as jargon, slang, abbreviations and misspellings. Its zero-trace and AI-enabled platform enables seamless multilingual communication over live chat, email, chatbots, social messaging, and more.
(c) by Massinvestor, Inc. For contact info, please check out our about page.
>> Click here for in-depth research on 9,000+ startups and 5,000+ VC investors