Friday, 24 March, 2023

Lilt bags $55M in funding to strengthen its AI translation platform

<p>AI-powered business translation platform, Lilt has announced a funding of $55M in its Series C round which was led by Four Rivers, Sorenson Capital, CLEAR Ventures and Wipro Ventures. CEO Spence Green said that the firm aims to build a solution which will combine human ingenuity with machine efficiency and this new funds will make translations more affordable for all businesses. He added that these funds will also be used to add a new sales team in Asia.&nbsp;<br /> &nbsp;</p>