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Lokalise Secures $50M Series B Led By Crv To Help Companies Accelerate Growth Through Localization Process Automation

Dec 14, 2021almost 4 years ago

Amount Raised

$50 Million

Round Type

series b

Boston

Description

Lokalise, the leading continuous localization platform, today announced it has raised $50 million in Series B funding led by CRV. They were joined by Creandum, Dawn Capital, existing investors including Chalfen VC, 3VC, S16VC, and a number of angel investors.

Company Information

Company

Lokalise

Location

Boston, Massachusetts, United States

About

Lokalise is a continuous localization platform that streamlines the translation and localization process and collaboration between developers, designers, translators, and project managers. APIs, SDKs, and plug-and-play connectors automate data input from prototyping platforms to production. Lokalise is a fully remote company founded in 2017 that has 2,500 customers from 80 countries, ranging from startups to Fortune 500 companies.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech