Company Name : Reverie
Funding Amount : $4mn
Investor(s) Aspada Qualcomm Ventures. .
Funding Round : Series A
Local langauge tech company, Reverie has raised $4mn in Series A from Aspada and Qualcomm ventures.
Reverie provides language-as-a-service platform with tools, technologies, and entire ecosystems to help build local language equivalents of English language businesses and initiatives.
Reverie’s language localization is real-time, operates across multiple delivery channels such as apps and portals, has cross-language search, and has multilingual interaction and display giving a complete experience for all local languages.
Sahil Kini, Vice President, Aspada will be joining Reverie’s board as it looks to increase its presence in the consumer Internet, financial services, government, and enterprise software verticals after this round of financing. Reverie shall also use this round to build and grow its sales and marketing prowess in geographies such as the Middle East and South East Asia.