Today, DeepL announced that it's raised an additional $300 million. This round underscores the frenetic interest that investors have in AI startups at the moment, and DeepL is capitalizing on that opportunity.
The funding will be used to drive more sales and marketing for the company, as well as further research and development. DeepL aims to scale significantly by expanding its customer base.
CEO Jarek Kutylowski highlighted the importance of ramping up sales and marketing efforts to add more customers and expand relationships with existing ones to address the issue of stalled AI projects.
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