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Sequoia leads Series A round for Lilt

Lilt, an AI-enabled translation platform, has raised $9.5 million in Series A funding, according to a source familiar with the transaction. Sequoia Capital led the round with participation from Redpoint Ventures, Zetta Venture Partners and XSeed Capital. In conjunction with the funding, Bill Coughran, a partner at Sequoia, has been added to Lilt’s board.