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Recently Funded|Amount: USD 300.0M|Industry: Software Development

Breaking Down Language Barriers: DeepL Secures $300 Million Funding to Fuel Language AI Innovation

DeepL

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501-1,000 employees employees (Est.)
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In a significant leap forward for global communication, DeepL, the pioneering language AI platform, has successfully raised $300 million in its latest funding round. Since its inception in 2017, DeepL has been on a resolute mission to dismantle language barriers, providing unparalleled human-like translations and intelligent writing suggestions that cater not only to individuals but also to over 100,000 enterprises worldwide. With this new capital, DeepL aims to enhance its already robust offerings and expand its suite of services, further solidifying its position as an industry leader in the realm of language technology. The company’s commitment to enterprise security ensures that businesses can trust DeepL for their translation needs while enabling them to reach new markets and boost productivity. The funding will be strategically allocated toward refining existing technologies and accelerating the development of innovative features designed to empower users, whether they are global corporations or individual language enthusiasts. More than just a translation tool, DeepL aspires to be a comprehensive communications platform that allows everyone to make sense of their surroundings and express their ideas clearly and effectively. As they move forward, they invite partners and users alike to join them in exploring the possibilities of Language AI and to celebrate a future without language constraints. This funding milestone marks an exciting new chapter for DeepL and the potential it heralds for global connectivity.
October 22, 2024

Buying Signals & Intent

Our AI suggests DeepL may be interested in solutions related to:

  • Translation APIDevelopment
  • AI Tools and Services
  • Mobile App Development
  • Language Processing Software
  • Document Management Solutions

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