Language I/O Announces $8M Series A1 Funding To Boost Genai Capabilities For Translation Services
Amount Raised
$8 Million
Round Type
Series A
Investors
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.
Quick answer
Language IO raised $8 Million in a Series A round, dated August 3, 2023. Investors: Omega Venture Partners, PBJ Capital, Gutbrain Ventures, Wyoming Business Council's Wyoming Venture Capital Fund, Joint Effects and Wyoming Business Council's Wyvc Funds. Language IO is based in Cheyenne, Wyoming, United States.
- How much did Language IO raise?
- Language IO raised $8 Million in a Series A round on August 3, 2023.
- Who invested in Language IO?
- Omega Venture Partners, PBJ Capital, Gutbrain Ventures, Wyoming Business Council's Wyoming Venture Capital Fund, Joint Effects and Wyoming Business Council's Wyvc Funds are named as investors in this round.
- What does Language IO do?
- 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.
- Where is Language IO based and how big is it?
- Language IO is based in Cheyenne, Wyoming, United States. Fundz records about 71 employees.
- Who are the decision-makers at Language IO?
- Fundz holds 1 contact at Language IO. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Software Development and Software around the same time
Companies in the same sectors as Language IO that raised within 45 days of this round, from Fundz verified event records.
- QUALITI raised $6.5M (Seed) on August 28, 2023.
- QUALITI raised $5M (Seed) on July 10, 2023.
- Prophecy raised $35M on September 15, 2023.
- Superorder raised $10M (Funding Round) on September 15, 2023.
- Relativity6, Inc. raised $1.5M (Seed) on September 15, 2023.
- Conveyor raised $12M on September 15, 2023.
Who to call at Language IO, and when
A new round usually means Language IO is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Language IO raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Language IO, from your own LinkedIn network
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Funding Insights
What this usually meansLanguage IO raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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