Tuesday, July 28, 2009

Lingotek Gains More Funding

Draper, Utah-based Lingotek, which develops language translation technology and services, disclosed this morning that it has raised another financing round. The firm did not disclose the size of the round, but said the internal round--the fourth for the firm--came from In-Q-Tel, Canopy Ventures and Flywheel Ventures. The new funding will go towards development, marketing and sales activities. Lingotek's products are used by companies to help accelerate language translation. More information »