Welocalize
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Welocalize - overview
Established
1997
Location
Frederick, MD, US
Primary Industry
Business Support Services
About
Welocalize provides specialized translation and localization services, utilizing advanced AI technology to ensure precise multilingual content delivery tailored to various regulated industries. Founded in 1997 and headquartered in Frederick, US, Welocalize delivers language services to clients globally. The company has undergone no significant pivots in its business strategy or operations. Paul Carr currently serves as CEO.
In June 2015, Riverside Partners exited its investment in Welocalize during a Secondary Buyout by Norwest Equity Partners. The company has raised a total of USD 34. 00 mn through various funding rounds, with the latest round amounting to USD 34. 00 mn.
Welocalize specializes in comprehensive translation and localization services, leveraging advanced AI technology for efficient multilingual content delivery. Their core offerings include machine translation, multimedia localization, legal and patent translation, and performance linguistics, all tailored to meet the demands of regulated industries. Serving a diverse clientele that spans global corporations in technology, entertainment, and life sciences, Welocalize provides solutions in over 300 languages, primarily in North America, Europe, and Asia-Pacific markets. Welocalize operates under a B2B model, generating revenue from a diverse suite of language services delivered via subscription and project-based pricing.
In 2014, the company reported revenue of USD 137. 00 mn, primarily through ongoing translation projects and specialized services required by clients in regulated sectors. As of June 2015, Welocalize is positioned for growth with plans to expand its offerings and market presence. The company aims to develop new products designed to enhance AI-driven language processing capabilities.
Additionally, it is focused on entering new geographic markets, particularly in emerging regions, to broaden its global footprint. The funding from the most recent Secondary Buyout will support these initiatives, allowing for further investment in technology and market expansion efforts.
Current Investors
Norwest Equity Partners
Primary Industry
Business Support Services
Sub Industries
Consulting Services, Public Relations & Communications, Information Services
Website
www.welocalize.com
Company Stage
Mature
Total Amount Raised
Subscriber access only
Welocalize - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Secondary Buyout | Completed | Welocalize | - | ||||||||
| Add-on | Completed | Park IP Translations | - | ||||||||
| Secondary Buyout | Completed | Welocalize | - | ||||||||
| Growth | Completed | Welocalize | - |
Displaying 1 - 4 of 4
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.