[TechCrunch] MyGengo Raises $1 Million To “Own” Translation

Translation service MyGengo has raised one million in seed financing from Point Nine, Mitch Kapor and Wenceslao Casares. Prior to today’s investment, the platform had raised $750k from Dave McClure’s 500 Startups. Along with the funding MyGengo is also announcing the hiring of Kenji Yamamoto as Chief Revenue Officer and Jeff Binstock as Chief Operating Officer.
MyGengo is like Mechanical Turk for translation supplementing automated techniques with over 2,500 translators in every time zone. Using a combination of machine and human processes, service has translated over 5 million words in the first three months of 2011, more than the past two years combined.
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TechCrunch 6/21/2011