Lilt pulls in $25m Series B

San Francisco-based Lilt, a AI-powered enterprise translation software and services company, has raised $25 million in Series B funding. Intel Capital led the round with participation from return backers Sequoia Capital, Redpoint Ventures, In-Q-Tel, Zetta Venture Partners and XSeed Capital. In addition to the funding, Mark Rostick, vice president and senior managing director at Intel Capital, has joined Lilt’s board of directors.

Source: Press Release