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Thu 30 Jan 2014 03:17 PM

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Qordoba raises $1.5m in latest funding

Online localisation company to invest in product development

Qordoba raises $1.5m in latest funding
May Habib, Co-founder and CEO of Qordoba.com.

Online localisation start-up, Qordoba.com, has raised $1.5m in its latest round of funding.

The Series A financing will go towards product development, enhancing the Dubai-based company’s services which are used by various businesses including Google, LinkedIn, HSBC and the UN, as well as  PR agencies, governments and law firms, and several Fortune 500 companies.

Qordoba’s offerings span more than twenty languages, and include translation, content development, and website, social media, application and business document adaptation to be relevant to new markets.

Co-founder and CEO May Habib, pictured, said: “Localisation is a $35bn market still not penetrated in a real way by online and tech-focused companies.

“Our positioning in the online localisation landscape is quite unique and this investment will allow us to scale our offering.”

Faysal Sohail, managing director at DSV, and one of the early angel investors in Qordoba, added: “We are excited to be part of such an innovative technology company. Qordoba is led by a driven team, one that has achieved a lot in a very short period of time.

“We are thrilled to have joined Qordoba and be part of their next growth phase.”

Qordoba was launched in 2012, having previously raised $500,000 in angel funding, and now enjoys 20 percent growth month on month.

Headquartered in Dubai, with offices in Abu Dhabi, Riyadh, Frankfurt and Cairo, the company uses 5,000 freelancers around the world. The top five languages it translates are Korean, Arabic, Russian, Mandarin, and English.