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Venture Capital News: Intento Secures $8M Series A Financing

2023-10-12
SAN FRANCISCO, CA, Intento, a leading machine translation and multilingual generative AI platform for global enterprises, announced an $8 million Series A funding round today.
Led by Somersault Ventures, with additional participation from I2BF Global Ventures, Flint Capital, Scorpio Capital, Courtyard Ventures, Davidovs Venture Capital, and existing investors, the funding will be used to scale company operations amid significant growth, expand sales and marketing efforts, and introduce a new version of the Intento platform.

Founded in 2016, Intento empowers enterprise leaders to excel in providing the best language experience to their customers and teammates using its advanced machine translation and multilingual generative AI technologies, in over 650 languages. Intento Language Hub is ISO-27001 certified and integrates with existing software platforms, such as Salesforce, ServiceNow, and Translation Management Systems, to share MT/AI models across the enterprise and improve them based on feedback.
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