Translation technology provider Unbabel boosted its total funding to $91m in a round that included existing investors M12 and Samsung Next.
Portugal-based language translation software provider Unbabel has secured $60m in series C funding from investors including M12 and Samsung Next, subsidiaries of software producer Microsoft and electronics producer Samsung, VentureBeat reported yesterday.
Venture capital firm Point72 Ventures led the round, which included Caixa Capital, financial services firm Caixa Geral de Depósitos’ VC unit, as well as Greycroft, Scale Venture Partners, Notion Capital, Faber Ventures, FundersClub, Structure Capital, Indico Capital Partners and E.ventures.
Unbabel combines artificial intelligence and natural language processing…