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LingoTek Gets Additional Funding From In-Q-Tel

Deal Information
Closing Date: 
03/22/2010
Round: 
Series D
Financing: 
Equity
Company Stage: 
Startup
Tech/Life Science Company: 
Yes
Investors: 
Description: 
Lingotek, a leader in collaborative translation technology, today announced it has extended its strategic relationship with In-Q-Tel (IQT), the independent investment firm that identifies innovative technology solutions to support the missions of the U.S. Intelligence Community. As part of the strategic investment, work development, and licensing program (that initially started in mid-2008), IQT will continue to help fund the development and enhancement of new translation solutions and license additional enterprise versions of Lingotek’s Web-based Collaborative Translation Platform.