Lionbridge AI

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Lionbridge AI - overview

Established

1996

Location

Waltham, MA, US

Primary Industry

Software

About

Lionbridge AI specializes in AI-driven solutions that enhance global content orchestration, leveraging a unique blend of generative AI technology and human expertise to automate content production and localization processes at scale. Founded in 1996 in Waltham, US, Lionbridge AI focuses on delivering advanced AI solutions for content localization. The company was acquired by Telus International Inc. in December 2020 for CAD 1.


2 billion, which allowed Telus to enhance its AI training data offerings. Key figures include CEO Ali Said, and founders Javier García and Nazir Ahmed, who have substantial backgrounds in technology and business. Lionbridge offers a comprehensive suite of AI-driven solutions centered around its flagship platform, Aurora AI, which automates content production and localization. Core services include AI translation, content remixing, and automated workflow management, serving clients across diverse sectors such as life sciences, finance, technology, and e-commerce.


The solutions cater to various global markets, including North America, Europe, and Asia-Pacific, ensuring effective multilingual content delivery. In 2019, Lionbridge generated a revenue of CAD 196. 04 mn, driven by subscription-based services and B2B engagements. Clients access the Aurora AI platform to utilize services like machine translation and technical writing, with tailored offerings for regulated industries, ensuring compliance and quality in their content management.


Following its acquisition in November 2020, Lionbridge plans to leverage the support from Telus International to enhance its product offerings, including the launch of new AI-driven solutions aimed at further expanding into the global market. The recent funding will facilitate expansion into new geographic regions, bolstering the AI training data capabilities and crowdsourced talent, enhancing client relationships and operational growth.


Current Investors

EQT Private Capital Asia, TELUS International (Cda) Inc.

Primary Industry

Software

Sub Industries

Systems Management Software, Engineering Software, Content Management Software, Analytics & Performance Software

Website

www.lionbridge.ai

Verticals

Artificial Intelligence, Artificial Intelligence, Big Data

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Lionbridge AI - financials

Fiscal Year EndedDec 31, 2019
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Lionbridge AI - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-on, Trade SaleCompletedLionbridge AI-

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