SmartCAT, has secured $2.8m in funding from Russian fund RedSeed to support its international expansion. SmartCAT is also working with the University of California, San Diego and the National Institute for Standards and Technology (NIST) on a project that will allow it to use machine learning algorithms to identify objects within images. The platform combines translation memories, glossaries and advanced AI algorithms with its professional translators to support translation of 70 languages more accurately.
SmartCAT, has secured $2.8m in funding from Russian fund RedSeed to support its international expansion. SmartCAT had developed a cloud platform for translation as an in-house project for the Russian software publisher ABBYY, but will now spin off as its own company based in California after its beta version proved successful. The platform combines translation memories, glossaries and advanced AI algorithms with its professional translators to support translation of 70 languages more accurately.