Funding to date has been from the founder and private investors.
Competitors
No direct competitors. Secondary competitors include traditional interpretation and translation services (Language Line, Lionbridge, SDL PLC & others) and automated, but less accurate, translation services (Google). Our efficient integration of automated and human-assisted translation services combines the accuracy of humans with the speed and cost savings of machine-translation.
Product Description
SpeakLike solves the age-old problem of how to effectively communicate with people while chatting in their native languages. SpeakLike Translation Chat delivers accurate, easy, and fast conversational translation at a much lower cost than traditional human interpretation services. Our web services software seamlessly integrates automated translation with humanassisted quality control. SpeakLike addresses the hidden costs in a lack of understanding and broken-down communication associated with fully automated translation.
Market Opportunity
The translation services market is projected to increase 40% over the next four years to $13.5 billion. (Common Sense Advisory Group Research). Translation chat is a new segment in this market providing an alternative to traditional over-the-phone interpretation services.
DEMO Says
We’re all aware of the growing need for affordable, reliable translation services in the business world; in fact, SpeakLike would have come in quite handy in meetings with some of the Taiwanese startups you’re seeing this week at DEMO. Don’t believe the hype around competing technologies you may have heard of recently. Machine translation is inherently buggy and can often result in misinterpretations - not something you want in important business conversations. SpeakLike’s inclusion of the human element makes it an even more intriguing entrant in this potentially lucrative market.