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Companies

Companies in the machine translation space


The history of machine translation companies begins in the defence and intelligence sector.

Other players, from technology giants to translation agencies to the European Union, increasingly build their own machine translation.

Since the advent of statistical machine translation and neural machine translation, there are growth companies backed by venture capital.

Table of contents
  1. 2022
    1. Eleven Labs
  2. 2021
    1. Vidby
  3. 2020
    1. Viva Translate
    2. Bering Lab
  4. 2019
    1. ModelFront
    2. YOUS
    3. XL8
  5. 2018
    1. ImageTranslate
    2. Zhongke Fanyu Technology
  6. 2017
    1. Language I/O
  7. 2016
    1. Kites
    2. Intento
    3. LingvaNex
  8. 2015
    1. Lilt
    2. Lexy
    3. Japan Patent Translation Co.
  9. 2014
    1. Lengoo
  10. 2013
    1. Unbabel
    2. Iconic Translation Machines
    3. Waverly Labs
  11. 2012
    1. Xiaoniu Fanyi
  12. 2011
    1. Lingua Custodia
    2. KantanMT
  13. 2009
    1. DeepL
    2. Safaba
    3. Quest Visual
    4. Yaraku
    5. TextShuttle
  14. 2006
    1. Tauyou
    2. Omniscien Technologies
  15. 2005
    1. ModernMT
  16. 2002
    1. Language Weaver
  17. 2000
    1. Pangeanic
  18. 1998
    1. Reverso
  19. 1991
    1. Tilde
    2. PROMT
  20. 1990
    1. AppTek
  21. 1968
    1. SYSTRAN

2022

Eleven Labs

2021

Vidby

2020

Viva Translate

Raised pre-seed from Blue Ridge Foundation and $4M from General Catalyst, AIX Ventures, Fellows Fund, Hyphen Capital, First Check Ventures and angels

Bering Lab

Funded by NAVER D2 Startup Factory and others

2019

ModelFront

YOUS

Raised $50K from angel investors

XL8

Funded by FuturePlay

2018

ImageTranslate

Zhongke Fanyu Technology

Incubated by the Institute of Automation at the Chinese Academy of Sciences

2017

Language I/O

Raised $5.5M from Gutbrain, PBJ, Omega and angels

2016

Kites

Acquired by Zoom in 2021

Intento

Raised $4M from Berkeley Skydeck and angels

LingvaNex

2015

Lilt

Raised $37.5M from Sequoia, Redpoint, XSeed, Zetta and In-Q-Tel

Lexy

Raised from Slow Ventures and dissolved

Japan Patent Translation Co.

2014

Lengoo

Raised $26.6M from INKEF, Redalpine, Polipo, Techstars, Creathor, Piton and angels

2013

Unbabel

Raised $91.2M from Caixa, Samsung, Scale, Notion, Faber, Greycroft, Structure, M12 and Headline

Iconic Translation Machines

Acquired by SDL/RWS for $20M in 2020

Waverly Labs

Raised $7.1M in crowdfunding

2012

Xiaoniu Fanyi

Raised Β₯33M from Shenyang Dehong Chuangzhan, Cretrend Capital, and others

2011

Lingua Custodia

Raised €2.7M from private investors

KantanMT

Acquired by Keywords Studios for €7M in 2019

2009

DeepL

Raised from Benchmark and btov Partners

Safaba

Acquired by Amazon to create Amazon Translate in 2015

Quest Visual

Acquired for its WordLens app by Google Translate in 2014

Yaraku

Raised $1.1M from Advanced Media, So-net, and others

TextShuttle

Raised CHF30K from Venture Kick

2006

Tauyou

Acquired by TransPerfect in 2018

Omniscien Technologies

2005

ModernMT

Acquired by Translated in 2022

2002

Language Weaver

Acquired by SDL/RWS for $42.5M in 2010

2000

Pangeanic

1998

Reverso

1991

Tilde

Granted €98.8K by the European Union

PROMT

Raised from Svarog Capital Advisors in 2008

1990

AppTek

Raised from SOS International

1968

SYSTRAN

Owned by STIC and Softbank


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