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September 27, 2011 12:20 pm GMT
Tokyo-based human translation service myGengo ("Mechanical Turk for translations") has raised a Series A Round of funding. The US$5.25 million round was led by Atomico, the London-based VC firm headed by Skype co-founder Niklas Zennstrm, and existing investor 500 Startups. Atomico partner Hiro Tamura will join myGengos board of directors.This capital injection follows the US$1.75 million in seed funding the company raised from a group of investors so far (myGengo's other backers include Mitch Kapor, Team Europe Ventures, Point Nine, and more). myGengo says the fresh money will serve to bolster sales/marketing/engineering, to expand its API business, and to grow its global native translator network.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/diruV_tARuY/
Human Translation Platform myGengo Raises $5.25 Million From Atomico, 500 Startups
Tokyo-based human translation service myGengo ("Mechanical Turk for translations") has raised a Series A Round of funding. The US$5.25 million round was led by Atomico, the London-based VC firm headed by Skype co-founder Niklas Zennstrm, and existing investor 500 Startups. Atomico partner Hiro Tamura will join myGengos board of directors.This capital injection follows the US$1.75 million in seed funding the company raised from a group of investors so far (myGengo's other backers include Mitch Kapor, Team Europe Ventures, Point Nine, and more). myGengo says the fresh money will serve to bolster sales/marketing/engineering, to expand its API business, and to grow its global native translator network.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/diruV_tARuY/
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