Iconic Translation Machines

Dublin, Ireland Founded: 2013 • Age: 13 yrs Acquired By RWS Group
Machine translation software is developed with proprietary ensemble architecture.
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About Iconic Translation Machines

Iconic Translation Machines is a company based in Dublin (Ireland) founded in 2013 was acquired by RWS Group in June 2020.. Iconic Translation Machines has raised $436.96 thousand across 3 funding rounds from investors including RWS Group, Enterprise Ireland and European Union. Iconic Translation Machines offers products and services including Onbet App, VPN Service, Casino Platform, and Sports Betting. Iconic Translation Machines operates in a competitive market with competitors including Lilt, Synthesia, Unbabel, Reverie Language Technologies and Language I/O, among others.

  • Headquarter Dublin, Ireland
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Iconic Translation Machines Limited
Operational Areas
Technology → Artificial Intelligence & Machine Learning
Technology → Artificial Intelligence & Machine Learning
Technology → Artificial Intelligence & Machine Learning
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $436.96 K (USD)

    in 3 rounds

  • Latest Funding Round
    $61.02 K (USD), Grant

    Jan 01, 2020

  • Investors
    RWS Group

    & 4 more

  • Employee Count
    Employee Count
  • Acquired by
    RWS Group

    (Jun 09, 2020)

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Products & Services of Iconic Translation Machines

Iconic Translation Machines offers a comprehensive portfolio of products and services, including Onbet App, VPN Service, Casino Platform, and Sports Betting. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

App for accessing online games, betting, and secure VPN services.

Tool for quick access to blocked websites and data protection.

Platform for online casino games and betting activities.

Service for wagering on sports events via digital interface.

Funding Insights of Iconic Translation Machines

Iconic Translation Machines has successfully raised a total of $436.96K across 3 strategic funding rounds. The most recent funding activity was a Grant round of $61.02 thousand completed in January 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 3
  • Last Round Grant — $61,021
  • First Round

    (23 Jul 2015)

  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2020 Amount Grant - Iconic Translation Machines Valuation

investors

Sep, 2019 Amount Grant - Iconic Translation Machines Valuation

investors

Jul, 2015 Amount Seed - Iconic Translation Machines Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Iconic Translation Machines

Iconic Translation Machines has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include RWS Group, Enterprise Ireland and European Union. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
A platform connecting angel investors to startups in Ireland.
Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Founded Year Domain Location
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Iconic Translation Machines

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Iconic Translation Machines

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Iconic Translation Machines Comparisons

Employees
+
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Competitors of Iconic Translation Machines

Iconic Translation Machines operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Lilt, Synthesia, Unbabel, Reverie Language Technologies and Language I/O, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Cloud-based machine translation tools and services are provided by Lilt.
domain founded_year HQ Location
AI-based dubbing and subtitling solutions are provided for video content.
domain founded_year HQ Location
AI-based translation platform is provided for multilingual operations.
domain founded_year HQ Location
AI-powered translation, localization, and voice solutions are provided.
domain founded_year HQ Location
Translation of support content is automated for customer service agents.
domain founded_year HQ Location
AI-driven translation and localization platform for enterprises is provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Iconic Translation Machines

Frequently Asked Questions about Iconic Translation Machines

When was Iconic Translation Machines founded?

Iconic Translation Machines was founded in 2013 and raised its 1st funding round 2 years after it was founded.

Where is Iconic Translation Machines located?

Iconic Translation Machines is headquartered in Dublin, Ireland.

Is Iconic Translation Machines a funded company?

Iconic Translation Machines is a funded company, having raised a total of $436.96K across 3 funding rounds to date. The company's 1st funding round was a Seed of $436.96K, raised on Jul 23, 2015.

What does Iconic Translation Machines do?

Iconic Translation Machines is a machine translation software and solutions provider with subject matter expertise for specific industry sectors including legal, life sciences and financial services. The company uses it proprietary Ensemble Architecture that powers machine translation engines with a mix of neural, statistics, and linguistic engineering techniques to provide unique domain-adaptation capabilities thereby ensuring the delivery of high-quality translations for technical content. In addition, the company offers e-translation software that allows the user to search and find the most relevant document in the multilingual content. The company is a spin-out from Dublin City University. Partners include Halo Business Angel Network, DCU, The Globalization and Localization Association, ADAPT, The European Association for Machine Translation, and more.

Who are the top competitors of Iconic Translation Machines?

Iconic Translation Machines's top competitors include Synthesia, Unbabel and Lilt.

What products or services does Iconic Translation Machines offer?

Iconic Translation Machines offers Onbet App, VPN Service, Casino Platform, and Sports Betting.

Who are Iconic Translation Machines's investors?

Iconic Translation Machines has 5 investors. Key investors include RWS Group, Enterprise Ireland, European Union, HBAN, and Bloom Equity.

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