Sophie Blake
Lokalise, an all-in-one localization platform that helps companies ensure their software is fully tailored for each target market, has raised $50 million in a Series B funding round led by CRV, and joined by Creandum and Dawn Capital.
Existing investors including Chalfen Ventures, 3VC, S16VC, as well as a handful of angel investors also participated in the round.
The Latvian startup had raised a $6 million Series A led by Mike Chalfen, with capital300, Andrey Khusid, Nicolas Dessaigne, Des Traynor, Matt Robinson and others also participating.
Founded in 2017 by Nick Ustinov and Petr Antropov, Localise provides a continuous localization and translation management platform for agile teams of developers, product managers, localization managers, and designers building digital products. The company also offers an API and plenty of integrations including GitHub, Hubspot, Slack, Zendesk, and Salesforce.
Providing localization support for web applications, games, marketing assets, customer service and documents, the platform also provides this service for mobile applications with iOS and Android SDK.
Currently having a team of 180, Localise plans to use the fund for expanding the team, building partnerships, and improving its product.
“The next stage of our evolution is becoming the platform that connects different localization/translation tools, translatable content storage, and language service providers.” said Nick Ustinov in a blog post.
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