Lokalise, with the slogan "It's time: Faster, better translations at scale," offers AI-powered translations and automated localization. The company aims to help businesses save money, accelerate market entry, and engage with customers in multiple languages. Founded in 2017 and headquartered in the United States, Lokalise received a substantial $50.00M Series B investment on 14 December 2021. The investment was led by esteemed investors including 3VC, Creandum, CRV, Dawn Capital, S16VC, Chalfen Ventures, and Web Summit Ventures. The company operates in the API, Cloud Infrastructure, IT, Information Technology, and SaaS industries, catering to the needs of leading global brands by facilitating faster and more cost-effective localization processes.