According to filings with the U.S. Securities and Exchange Commission, Smartcat Group is raising up to $43,057,693.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Ivan Smolnikov played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Smartcat Group
Smartcat is the essential language AI platform for any global enterprise. Our client-tailored language AI turns content in any format into any language, from documents to videos to complex websites and software, making global operations simple for any corporate team. It also allows any user to create new content by tapping into a multilingual enterprise library. Teams get results at 1/100 of the cost in minutes, not weeks, and never have to make the same edits twice with adaptive AI that remembers every update made by any team member. The editing process can be scaled up in no time by accessing the largest embedded marketplace of linguists and editors, all AI-automated. More than 1,000 global companies including the Fortune 500 trust Smartcat to communicate their innovations and ideas all over the world. Smartcat is a Training Industry 2024 Top AI in Training Companies winner.

To learn more about Smartcat Group, visit http://www.smartcat.ai/
Smartcat Group Linkedin Page: https://www.linkedin.com/company/smartcatai/

Contact:
Ivan Smolnikov, Chief Executive Officer
650-298-6000
https://www.linkedin.com/in/ivan-smolnikov/

SOURCE: http://www.intelligence360.io
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