About Memsource
Memsource is a company based in Prague (Czechia) founded in 2011 was acquired by The Carlyle Group in July 2020. Memsource has raised $15.86 million across 1 funding round from investors including The Carlyle Group. Memsource has completed 1 acquisition, including Phrase. Memsource operates in a competitive market with competitors including Smartling, Trint, Cloudwords, Localize and XTM International, among others.
- Headquarter Prague, Czechia
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Memsource Group Holding Ltd
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$15.86 M (USD)
in 1 rounds
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Latest Funding Round
$15.86 M (USD), Series B
Jun 28, 2022
- Investors
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Employee Count
Not available
- Investments & Acquisitions
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Acquired by
The Carlyle Group
(Jul 02, 2020)
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People of Memsource
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Software Development Team
19 people
Sales and Marketing
11 people
Leadership Team
8 people
Customer Team
5 people
Human Resources and Administration
3 people
Principal Team
3 people
Finance and Accounting
3 people
Senior Team
3 people
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Funding Insights of Memsource
Memsource has successfully raised a total of $15.86M through 1 strategic funding round. The most recent funding activity was a Series B round of $15.86 million completed in June 2022. 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.
Investors in Memsource
Memsource has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include The Carlyle Group.
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Private equity investments are directed toward multiple sectors.
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Investor details for Memsource
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Investments & Acquisitions by Memsource
Memsource has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Phrase.
Investment portfolio details for Memsource
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Cloud-based software for translation workflow automation is offered.
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Complete acquisition details for Memsource
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- Transaction dates
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Financial Statements - Memsource
Detailed financials for Memsource
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
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Memsource Comparisons
Peer comparison for Memsource
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Competitors of Memsource
Memsource 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 Smartling, Trint, Cloudwords, Localize and XTM International, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Translation and localization solutions are provided via cloud platform.
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AI-driven transcription of audio and video files is provided.
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Translation platform and vendor marketplace for corporate content are provided.
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Provider a cloud-based tool and java-script library for localizing and translating content
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A cloud-based translation management platform is provided for global use.
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Detailed competitors of Memsource
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Latest news on Memsource
Complete news archive for Memsource
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Frequently Asked Questions about Memsource
Memsource was founded in 2011 and raised its 1st funding round 11 years after it was founded.
Memsource is headquartered in Prague, Czechia.
Memsource is a funded company, having raised a total of $15.86M across 1 funding round to date.
Memsource was founded in 2011 in Prague, Czech Republic, within the translation software sector. A cloud-based platform is offered to companies, translators, and enterprise localization teams. Operations center on a translators workbench that incorporates CAT tool features, including translation memory, terminology management, workflow automation, real-time oversight, and combined machine-human translation processes. The domain memsource.com supports these services globally.
Memsource has made 1 acquisition, including Phrase.
Memsource has 1 investor. Key investors include The Carlyle Group.