- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=075a60ee-6889-4066-8a80-77c0d802bf5d - Date
11/2/2016 - Company Name
Lilt - Mailing Address
PO Box 20391 Palo Alto, CA 94309 USA - Company Description
We started Lilt to increase information access. Human translators can guarantee quality, but are comparatively slow and expensive. Machine translation is fast and cheap, but quality ranges from surprisingly good to comically bad. Somewhere between these two extremes is a human+machine partnership that can produce good translation quickly. That’s Lilt. - Website
http://www.lilt.com - Transaction Type
Venture Equity - Transaction Amount
$2,350,000 - Transaction Round
Seed - Proceeds Purposes
Proceeds purposes were not disclosed. - M&A Terms
- Venture Investor
Redpoint Ventures - Venture Investor
Zetta Venture Partners - Venture Investor
XSeed Capital