Red Herring

THE BUSINESS OF TECHNOLOGY

  • Startups
  • Mobile
  • Enterprise
  • Consumer
  • Social
  • Events

AI Translator Unbabel Wins $60m Series C Funding Round

September 25, 2019

Unbabel, a Lisbon-headquartered “translation-as-a-service” platform that uses artificial intelligence and human translations, has won a $60 million Series C funding round that brings its total backing above $90m.

The Portuguese firm, founded in 2013, received its latest round from a number of high-profile VCs, including Stamford, CT-based Point72, New York’s Greycroft and San Francisco firm E.ventures. The company will use its newfound funds to expand globally beyond offices in Lisbon, New York City and San Francisco. It also plans to open an AI research lab in Pittsburgh.

Unbabel uses a combination of machine learning and human translators to help companies build out customer service offerings in multiple languages. Facebook and Microsoft are two of its highest-profile clients.

“We are now translating over 1,000,000 customer service messages a month. That’s over five times the volume we saw in 2018, which underscores the global demand for agile multilingual customer service,” wrote Unbabel co-founder and CEO Vasco Pablo.

“Now, we have the opportunity to develop the next generation of the ‘Translation-as-a-Service’ (TaaS) platform that will power enterprise communications of the future and ultimately become the world’s translation layer.”

  • 
  • 
  • 
  • 

Filed Under: Europe, Top Story

Related Articles

  • U.K. Introduces Bill Boosting Regulator Power to Curb Big Tech Competition Abuses
  • Baidu Shares Drop after Company Unveils ChatGPT Competitor 
  • U.S. Accuses Google of Abusing Ad Tech Monopoly 

Widget Spacer

Top 100

The Red Herring Top 100 awards highlights the most exciting startups from Asia, Europe and the Americas.

Learn More

Upcoming Events

  • Top 100 Asia

  • Top 100 North America

  • Top 100 Europe

Widget Spacer

Guest Column

What is a Learning Management System?

Rouben David, of CourseForMe.com, outlines the features and benefits of

Widget Spacer

Subscribe

Subscribe now to get event news and updates delivered right to your inbox:

Widget Spacer

#DigitalHerring Tweet

My Tweets
  • About
  • Press & Media
  • Contact Us
Red Herring LinkedInRed Herring Facebook

Copyright © · Red Herring, Inc.

Copyright © 2025 · Red Herring Theme on Genesis Framework · WordPress · Log in