What is Lokalise?
Lokalise is a sophisticated localization and translation management platform engineered for agile teams. It provides an optimized solution for adapting a wide array of digital products, including web and mobile applications, games, IoT devices, software, and digital content, for international markets. The platform functions as a comprehensive Translation Management System (TMS), empowering teams to automate, manage, and execute content translation processes efficiently. This focus on streamlining localization for complex digital ecosystems positions Lokalise as a key player in enabling global market penetration for its clients.
How much funding has Lokalise raised?
Lokalise has raised a total of $56M across 2 funding rounds:
Series A
$6M
Series B
$50M
Series A (2020): $6M with participation from Capital300 and Mike Chalfen
Series B (2021): $50M led by Creandum, S16vc, 3VC, CRV, Chalfen Ventures, and Dawn Capital
Key Investors in Lokalise
Capital300
Capital300 is a Vienna-based management company specializing in investment management services, focusing on strategic growth for its clients' portfolios.
Creandum
Creandum is a prominent European venture capital firm known for backing successful technology companies, with a focus on early-stage investments.
Dawn Capital
Dawn Capital is a venture capital firm dedicated to supporting ambitious founders building leading business software companies across Europe, offering deep sector expertise.
What's next for Lokalise?
With substantial backing, Lokalise is poised for accelerated growth and further platform development. The recent major strategic investment suggests a focus on expanding its market reach, enhancing its technological capabilities, and potentially exploring new verticals within the digital content and software localization space. This infusion of capital will likely fuel initiatives aimed at solidifying its leadership position, optimizing its agile TMS for an even broader range of enterprise clients, and continuing to innovate in the translation technology sector. The company's trajectory indicates a strong emphasis on scaling operations and deepening its value proposition for global businesses.
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