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Lokalise: Raises $6M in Series A Funding

September 8, 2020

Lokalise, a Riga, Latvia-based localization software startup, raised $6m in Series A funding
The round was led by by Mike Chalfen, with participation from capital300 and angel investors
The company intends to use the funds to hire talent globally in order to accelerate its growth, as they go fully-remote
Lokalise is a fully-remote startup with no prior funding, founded by Nick Ustinov and Petr Antropov in 2017
The product is a cloud-based software that streamlines the translation and localization process
To date, the company has attracted over 1,500 customers in 80 countries, from early-stage businesses, to scaleups, to Fortune500 companies