Company:Lilt
| Industry | Translation |
|---|---|
| Genre | Artificial intelligence |
| Founded | May 25, 2015 in California, US |
| Founders |
|
| Headquarters | Emeryville, California , US |
Area served | Worldwide |
| Website | lilt |
Lilt is an American company based in Emeryville, California that provides computer-assisted translation software employing artificial intelligence, in more than 70 languages.[1][2][3][4]
History
Lilt was founded in 2015 by Spence Green and John DeNero. The company executes text, digital, audio, and video translations. Unlike other translation platforms and software, Lilt uses a "human-in-the-loop" system, where a human translator can modify a word when he/she encounters it.[2][5][6][7]
In 2018, the company received Series A funding of $9.5 million, and its Series B was $25 million.[8]
In Lilt’s Series C funding in 2022, it received an additional $55 million.[9][10] As of April 2022 Lilt has secured USD 92.5m in total funding.[11]
The company has worked with "Five Eyes", the US Air Force, Navy, the FBI, Hudson's Bay Company, Sprinklr, In-Q-Tel (IQT), Intel AI Builder, and Intel Capital. Lilt is helping the US government with translation for the Russo-Ukrainian War.[1][12][13]
It helped for translation and early warning during Hurricane Fiona and Hurricane Ian. In addition, Lilt intends to extend its services for early warning products related to disaster management and early warning systems.[14]
References
- ↑ 1.0 1.1 "Silicon Valley AI Keen to Solve US-Ukraine Translator Shortages". 11 May 2022. https://about.bgov.com/news/lack-of-russian-ukrainian-translators-in-us-opens-door-for-ai/.
- ↑ 2.0 2.1 "The Future of Work Now: The Computer-Assisted Translator and Lilt". https://www.forbes.com/sites/tomdavenport/2020/06/29/the-future-of-work-now-the-computer-assisted-translator-and-lilt/?sh=66859af53890.
- ↑ Weisbrod, Katelyn (2022-10-29). "How Climate Change Influences Temperatures in 1,000 Cities Around the World" (in en-US). https://insideclimatenews.org/news/29102022/warming-trends-how-climate-change-influences-temperatures-in-1000-cities-around-the-world/.
- ↑ "Podcast - Managing the Future of Work - Harvard Business School". https://www.hbs.edu/managing-the-future-of-work/podcast/Pages/default.aspx.
- ↑ Toews, Rob. "A Wave Of Billion-Dollar Language AI Startups Is Coming" (in en). https://www.forbes.com/sites/robtoews/2022/03/27/a-wave-of-billion-dollar-language-ai-startups-is-coming/.
- ↑ "Translation startup helps businesses bring their presence to new regions using AI". https://www.bizjournals.com/sanfrancisco/news/2018/11/01/translation-startup-helps-businesses-lilt.html.
- ↑ "8 GPU-powered startups on display at Nvidia's GTC event" (in en-US). 2019-03-15. https://venturebeat.com/business/8-gpu-powered-startups-on-display-at-nvidias-gtc-event/.
- ↑ Marking, Marion (2020-05-13). "Lilt Raised USD 25m Just Before Pandemic Hit" (in en-US). https://slator.com/lilt-raised-usd-25m-just-before-pandemic-hit/.
- ↑ Horn-Muller, Ayurella (2022-10-21). "How AI could help translate extreme weather alerts" (in en). https://www.axios.com/2022/10/21/ai-translation-extreme-weather-alerts.
- ↑ P, Bhuvaneswaran (8 Apr 2022). "Lilt secures $55 M in Series C to expand its AI translation platform". https://saasindustry.com/news/lilt-secures-55-m-in-series-c-to-expand-its-ai-translation-platform.
- ↑ Wyndham, Anna (2022-04-08). "Lilt Raises USD 55m in Series C, Expands Features for 'Fully Automatic Workflows'" (in en-US). https://slator.com/lilt-raises-usd-55m-in-series-c-expands-features-for-fully-automatic-workflows/.
- ↑ "Lilt Announces Strategic Partnership with In-Q-Tel (IQT)" (in en-US). https://www.iqt.org/news/lilt-announces-strategic-partnership-with-in-q-tel-iqt/.
- ↑ "Lilt Scales the Global Customer Experience". https://www.intel.com/content/www/us/en/customer-spotlight/stories/lilt-customer-story.html.
- ↑ Weisbrod, Katelyn (2022-10-29). "How Climate Change Influences Temperatures in 1,000 Cities Around the World" (in en-US). https://insideclimatenews.org/news/29102022/warming-trends-how-climate-change-influences-temperatures-in-1000-cities-around-the-world/.
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