Language translation platform Bluente raises US$1.5 million seed plus round
The funding will be used to accelerate its growth and geographic expansion
[SINGAPORE] Bluente, a language translation platform, has raised a US$1.5 million seed plus funding round led by Informed Ventures.
The platform translates documents into different languages, while retaining the formatting. Bluente supports over 100 languages including Mandarin, Japanese, French and German.
More than 70 enterprises have signed up as customers of the platform, including law firms, Fortune 500 companies and government agencies. Customers named on Bliuente’s website include ByteDance, Shopify, BNP Paribas and Franklin Templeton.
The platform’s core user base is in Asia, where over 50 per cent of its users are.
The funding will be used to accelerate Bluente’s growth and geographic expansion through hiring and marketing. Part of the funds will be used to build out the product and partnerships to accelerate entry into key markets.
The Middle-East, US and broader Asia-Pacific markets will be targeted as part of this expansion plan.
Daphne Tay, founder of Bluente, said: “These regions have the highest concentration of international firms and users dealing with cross-border transactions. They’re also markets where our multilingual capabilities, especially in Arabic and Asian languages, provide the strongest competitive advantage.”
Copyright SPH Media. All rights reserved.
