SYSTRAN - About the company
SYSTRAN is an acquired company based in Paris (France), founded in 1968 by Peter Toma. It operates as a Provider of neural and statistics-based machine translation engines. SYSTRAN has raised an undisclosed amount in funding. The company has 101 active competitors, including 20 funded and 9 that have exited. Its top competitors include companies like DeepL, Synthesia and Unbabel.
Company Details
Systransoft is a provider of neural and statistics-based machine translation engines. The engine combines neural network technology with statistical techniques for enabling the software to automatically learn from existing and validated translations. Supports over 60 language combinations across 20 vertical domains. In addition, the company provides SYSTRAN Enterprise Server, SYSTRAN Online Services- on-demand translation services of web pages, written texts, or Microsoft Office files; and SYSTRANLinks- a content management platform. Clientele includes Symantec, Cisco, Airbus, Barclays, and defense & security organizations like the US Intelligence Community.
- Website
- www.systransoft.com
- Email ID
- *****@systrangroup.com
- Phone Number
- +33 **********
Key Metrics
Founded Year
1968
Location
Paris, France
Stage
Acquired
Latest Funding Round
Investors
Ranked
12th among 101 active competitors
Annual Revenue
€100M - €500M as on Dec 31, 2023
Employee Count
82 as on Aug 31, 2026
Similar Companies
Exit Details
Acquired by STIC Investments (Aug 10, 2020)
Legal entities associated with SYSTRAN
SYSTRAN is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
CHAPSVISION CIN: 851035329 , France, Active | Feb 19, 2020 | €100M - €500M (As on Dec 31, 2023) | - | - |
SYSTRAN's acquisition details
SYSTRAN got acquired by STIC Investments, Korea Investment Partners, Korea Investment Holdings and SBVA on Aug 10, 2020.
Click here to take a look at SYSTRAN's acquisition in detail
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SYSTRAN's funding and investors
SYSTRAN has raised funding over 3 rounds. Its first funding round was on Jan 05, 2018. Its latest funding round was a Grant (prize money) round on Jul 01, 2021 for $*****. 1 investor participated in its latest round. SYSTRAN has 4 institutional investors.
Here is the list of recent funding rounds of SYSTRAN:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 01, 2021 | 8020759 | Grant (prize money) | 9852750 | 9927426 | 7023381 | 6729781 |
Jan 07, 2021 | 9552808 | Grant (prize money) | 2577261 | 7308426 | 8318700 | |
Jan 05, 2018 | 2569837 | Grant (prize money) | 3721567 | 3401080 | 7006819 |
View details of SYSTRAN's funding rounds and investors
SYSTRAN's founders and board of directors
Founder? Claim ProfileThe founders of SYSTRAN is Peter Toma.
Here are the details of SYSTRAN's key team members:
- Peter Toma: Founder of SYSTRAN.
View details of SYSTRAN's Founder profiles and Board Members
SYSTRAN's employee count trend
SYSTRAN has 82 employees as of Aug 26. Here is SYSTRAN's employee count trend over the years:
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SYSTRAN's Competitors and alternates
Top competitors of SYSTRAN include DeepL, Synthesia and Unbabel. Here is the list of Top 10 competitors of SYSTRAN, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | AI, SaaS, and neural network-based machine translation tools | $415M | 75/100 | ||
2nd | Synthesia 2017, London (United Kingdom), Series E | Developer of software for generating videos using artificial intelligence avatars | $536M | 69/100 | |
3rd | Provider of an AI based translation platform | $106M | 67/100 | ||
4th | Reverie Language Technologies 2009, Bengaluru (India), Acquired | Provider of AI-powered language translation, localization, and voice technology solutions | $4.14M | 66/100 | |
5th | Lilt 2015, Palo Alto (United States), Series C | Provider of cloud-based machine translation tools and services | $164M | 63/100 | |
6th | Online language translation tool | - | - | 57/100 | |
7th | Intento 2013, Berkeley (United States), Series A | Provider of AI-driven language translation and localization platform for enterprises | $16.2M | 55/100 | |
8th | Palabra Ai 2023, London (United Kingdom), Seed | Provider of real-time AI speech translation for audio and video calls | $8.4M | 50/100 | |
9th | Cloud based multimedia translation and localization platform for enterprises | $5.42M | 50/100 | ||
10th | SDL 1992, Maidenhead (United Kingdom), Acquired | Provider of language, content, and intellectual property lifecycle management solutions | - | 49/100 | |
12th | Provider of neural and statistics-based machine translation engines | - | 48/100 |
Looking for more details on SYSTRAN's competitors? Click here to see the top ones
SYSTRAN's Investments and acquisitions
SYSTRAN has made no investments or acquisitions yet.
Reports related to SYSTRAN
Here is the latest report on SYSTRAN's sector:
News related to SYSTRAN
•
Eyeing international expansion, ChapsVision acquires Systranmultilingual.com•Jan 12, 2024•SYSTRAN, ChapsVision
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SYSTRAN and FAPCOTECH-Kuwait entered into a business partnershipPR Newswire•Mar 07, 2021•SYSTRAN, FAPCOTECH
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SYSTRAN Named Official Translation Partner Of The World Trade Center San DiegoAiThority•Oct 25, 2020•SYSTRAN
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SYSTRAN Announces Acquisition by Korean Institutional Investors to Further Accelerate GrowthSlator•Aug 11, 2020•SYSTRAN, STIC Investments, SoftBank Ventures Asia, Korea Investment Partners and 4 others
•
Systran & Dragoman Launch The Best English-turkish Machine Translation Model Ever MadeSlator•Jul 01, 2020•SYSTRAN
•
Pangea Communications partners with SYSTRAN to enhance advanced digital technology offerings in SAITWeb•Jun 09, 2020•Pangea Comm, SYSTRAN
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