Multilingual Technologies was proud to take part in the US3.4m Series A funding round of San Francisco-based interpreting software startup Boostlingo. The fundraising is one of the more sizeable funding rounds this year in the language industry. Boostlingo is a platform designed to provide LSPs with interpreting-specific technology that facilitates workflow and business efficiencies to increase their market viability and grow their bottom-line.
Launched in 2016, Boostlingo is a delivery platform for interpretation services that caters for both onsite and remote interpreting scenarios. Its remote capabilities include both OnDemand OPI (Over the Phone) and VRI (Video Remote Interpreting).
Boostlingo CEO Bryan Forrester says that the platform also serves as an environment for language service providers (LSPs) to manage interpreting assignments, with functionalities that allow scheduling, billing and invoicing, business analytics and reporting.
The CEO says that additional interpreting project workflow features, for which Forrester is already mooting the coined term “augmented interpretation technology,” may follow as part of the longer term product roadmap.
Boostlingo’s position in the market differs from full-service LSPs such as LanguageLine and Cyracom since it is a 100% channel focused technology company and does not compete directly with LSPs in their end user markets.