Webinterpret, the market leader in ecommerce Internationalisation, raises €5 million in capital

Webinterpret, a rapidly growing specialist in e-commerce Internationalisation has successfully completed a fund raising exercise to secure an additional €5 million in capital from its existing investors Seventure and CM-CIC Capital.

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Patrick Smarzynski, its co-founder and Managing director said “Webinterpret is committed to its mission of making international e-commerce easy and affordable to all. We would like to thank the 3 000 sellers who trust Webinterpret everyday to help them grow their international sales.

Webinterpret has emerged over the last decade as a market leader in its field of Cross Border Trade automation and the securing of these funds is another important step in its development.

Patrick went on to say “With these additional funds we are investing heavily in Research and Development in order to provide innovative solutions to our customers and partners. For our customers, this means better product quality at a more affordable price. For our partners, which include marketplaces and third party tools, it means the release of new web services to integrate our localisation technology directly into their platforms. With these developments we will make the Cross Border Trade journey even more enjoyable for all.

Thank to its innovative localisation technology through Natural Language Processing, Webinterpret is helping e-sellers to replicate their inventory globally. They currently employ around 100 people based in the UK, France, Poland and the USA and, on average, sellers who start using the Webinterpret service increase their international sales by 25% during the first month.

If you want to find out more about Webinterpret and their solution go to

webinterpret.com

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