About Welocalize
Welocalize is a company based in Frederick (United States) founded in 1997 by Julia Yewell was acquired by Norwest Equity Partners in May 2015. Welocalize has raised $6 million across 5 funding rounds from investors including European Union, NMP Capital and Norwest Equity Partners. The company has 864 employees as of December 31, 2019. Welocalize has completed 5 acquisitions, including Adapt, Global Languages and NLG. Welocalize operates in a competitive market with competitors including RWS Group, KeyPoint Technologies, Lokalise, Bering Lab and Rozetta, among others.
- Headquarter Frederick, United States
- Employees 864 as on 31 Dec, 2019
- Founders Julia Yewell
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Sectors
Technology
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Email
Locked
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Phone
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Website
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Social
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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
$6 M (USD)
in 5 rounds
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Latest Funding Round
$13.7 K (USD), Grant
Sep 29, 2017
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Investors
European Union
& 4 more
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Employee Count
864
as on Dec 31, 2019
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Investments & Acquisitions
Adapt
& 4 more
- Acquired by
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People of Welocalize
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Software Development Team
16 people
Operations Team
14 people
Data Analysis and Operations Team
10 people
Finance and Accounting
8 people
Senior Team
6 people
Language Team
2 people
Legal and Compliance
2 people
General Team
2 people
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Funding Insights of Welocalize
Welocalize has successfully raised a total of $6M across 5 strategic funding rounds. The most recent funding activity was a Grant round of $13.7 thousand completed in September 2017. 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 Welocalize
Welocalize has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union, NMP Capital and Norwest Equity Partners.
| Investor | Description | Founded Year | Domain | Location |
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Investment solutions are provided by NMP Capital to financial sponsors.
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PE firm investing in the US
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Private equity firm investing in technology and healthcare businesses for growth capital.
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Investor details for Welocalize
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Welocalize
Welocalize has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Adapt, Global Languages and NLG.
Investment portfolio details for Welocalize
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Adapt is engaged in international digital performance marketing and analytics.
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Digital marketing consulting services are provided to businesses by SearchStar.
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Translation and localization services are provided worldwide by NLG.
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Locked | Locked | 2000 | Locked |
Complete acquisition details for Welocalize
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- Transaction dates
- Acquired stakes
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- Domains and locations
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Financial Statements - Welocalize
Detailed financials for Welocalize
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- Profit trends
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Welocalize Comparisons
Peer comparison for Welocalize
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Competitors of Welocalize
Welocalize 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 RWS Group, KeyPoint Technologies, Lokalise, Bering Lab and Rozetta, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Translation, intellectual property, and language support services are provided.
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AI-powered language technologies and IT solutions are provided.
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Language localization services are provided for mobile apps and websites.
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Legal document translation services are provided by Bering Lab.
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Language localisation services provider
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Detailed competitors of Welocalize
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- Domains and locations
- Full company profiles
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- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Welocalize
Complete news archive for Welocalize
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- Full article archive
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- Brand-specific news history
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Frequently Asked Questions about Welocalize
Welocalize was founded in 1997 and raised its 1st funding round 3 years after it was founded.
Welocalize is headquartered in Frederick, United States. It is registered at Frederick, Maryland, United States.
Paul Carr is the current CEO of Welocalize.
Welocalize is a funded company, having raised a total of $6M across 5 funding rounds to date.
As of Dec 31, 2019, the latest employee count at Welocalize is 864.
Founded in 1997 and headquartered in Frederick, United States, Welocalize operates in the translation and localization sector. Professional content solutions are delivered, including adaptation, machine automation, and services for user interfaces, technical manuals, websites, mobile content, advertising, and employee communications. A network of 30,000 linguists and experts supports multilingual operations. An integrated system streamlines multichannel campaigns across CRM and PIM for e-commerce.
Welocalize's top competitors include KeyPoint Technologies, RWS Group and Lokalise.
Welocalize has made 5 acquisitions, including Adapt, Global Languages, and NLG.
Welocalize has 5 investors. Key investors include European Union, NMP Capital, Norwest Equity Partners, LLR Partners, and Riverside Partners.