Unbabel

Unbabel Inc.
Private
Industry Translation, Language Localisation, Artificial Intelligence
Founded 2013 (2013)
Founders Vasco Pedro, João Graça, Sofia Pessanha, Bruno Silva, Hugo Silva
Headquarters Lisbon, Portugal and San Francisco, California, USA
Number of employees
 47
Website www.unbabel.com

Unbabel is an artificial intelligence powered human translation platform. Headquartered in San Francisco, California, with offices in Lisbon, Portugal, the company currently works with over 50,000 crowdsourced translators on desktop and mobile across 45 language pairs.[1][2]

In addition to a crowdsourced model, the company's post-editing process and relatively low pricing are differentiators between itself and other translation service providers.[3][4] The name Unbabel is derived from the biblical story of Babel.

History

Unbabel was founded in August 2013 by Vasco Pedro, Joao Graça, Sofia Pessanha, Bruno Silva, and Hugo Silva and was incubated by Y Combinator in late 2014. The company officially launched in March 2014.[5]

In July 2014, Unbabel raised a $1.5 million Seed round to support the growth and development of its translation platform, receiving investment from prominent venture capital firms and business angels including Google Ventures, Matrix Partners, Caixa Capital,[6] Faber Ventures, IDG Ventures, Digital Garage, Shilling Capital Partners, WeFunder, FundersClub, Elad Gil[7] and Raymond Tonsing.[8][9][10] In early 2015, Unbabel was recognized as one of Y Combinator’s fastest growing Seed stage companies.[11]In late 2016, Unbabel raised $5 million from lead investors Notion Capital and Caixa Capital, bringing the company’s total funding to over $8 million.[12]The company is privately held.

References

  1. ↑ Owen Andrew, “The Importance of Mobile Crowdsourcing in 2015”, “Huffington Post”, January 30, 2015
  2. ↑ Joao Ramos and Margarida Fiuza, “10 empresas que estão a dar cartas”, "10 Up and Coming Businesses", “Expresso”, May 12, 2015
  3. ↑ Cristina Ferreira, “Unbabel: Traduzir pode ser um hobby para ganhar dinheiro”, "Unbabel: Translation can be a hobby to make money", “SAPO”, July 08, 2014
  4. ↑ Julien Brault, “Des brèches technos dans la barrière des langues”, "Technology is breaking language barriers", “Les Affaires”, January 28, 2015
  5. ↑ Rip Empson, “Unbabel Launches A Human-Edited Machine Translation Service To Help Businesses Go Global, Localize Customer Support”, “TechCrunch”, March 23, 2014.
  6. ↑ "Caixa Capital". angel.co. Retrieved 2016-09-02.
  7. ↑ https://angel.co/eladgil
  8. ↑ https://angel.co/tonsing
  9. ↑ Julian Chokkattu, “Unbabel Raises $1.5M to Expand Translation Service, Grow Customer Base”, “TechCrunch”, July 18, 2014
  10. ↑ Kia Kokalitcheva, “Unbabel scores $1.5M to add a human touch to machine-powered translation”, “VentureBeat”, July 18, 2014
  11. ↑ Mattermark, “Mattermark Startup Index: Top 10 Y Combinator Companies by Stage”, “Mattermark”, February 9, 2015
  12. ↑ Cat Zakrzewski, "Unbabel Gets $5M for AI-Powered Translation Services", "The Wall Street Journal", October 31, 2016
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