Smartcat Raises $43M in Series C Funding for Enterprise Expansion

Sep 10, 2024, 12:51 PM

Smartcat, a company providing AI-powered translation tools for businesses, has successfully raised $43 million in a Series C funding round led by Left Lane Capital. This latest investment brings Smartcat's total funding to $70 million. The funds will be used for the expansion of Smartcat's enterprise language AI platform, which offers innovative AI solutions for translation and multilingual content generation. Smartcat's technology is already transforming global operations and delivering significant ROI savings for its clients.