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XTM International Ltd.

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Year established

2002

Location

Buckinghamshire UK

Primary Industry

Software

About

Based in the UK, and founded in 2002, XTM International Ltd. operates as a provider of a cloud-based translation management system (TMS) to businesses such as Volvo, Gap, Ricoh, and Sony Interactive Entertainment. The company was founded by Bob Willans and Andrzej Zydron, translating 320 languages. In February 2021, XTM International Ltd. was acquired by K1 Investment Management. The company offers web-based translation tools such as XTM cloud, a software as a service (Saas) version of the software, and XTM suite, which is the traditional application installed on clients' servers, . These two automate translation processes with the help of machine translation alongside skilled human translators. Following the acquisition, XTM International Ltd. is looking forward to accelerating innovation and take the company to the next level of development.
Current Investors
K1 Investment Management

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Primary Industry
Software
Sub Industries
Systems Management Software
Website
www.xtm.cloud
Verticals
Artificial Intelligence, Cloud Computing, Mobile Apps
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only

Deals

Deals Type
Growth
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)
Completed XTM International Ltd. 11 Feb 2021
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