, which develops AI-powered business translation software, today announced it raised $25 million. The company says the cash infusion will enable future product development, research into natural language processing, and the acceleration of its go-to-market strategy.

Lilt’s solutions target development and deployment challenges around enterprise marketing, support, ecommerce, and localization efforts. According to an IDG report commissioned by Smartling, companies have international footprints in seven different markets and have to translate their content into seven different languages on average. Over half say that they find the content localization process to be too manual and cumbersome, resulting in a slower time to market.

Lilt tackles this with human translators and a tool — CAT — that helps these translators work more efficiently using hotkeys, style guides,

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