Lexifone Call Translation Service Raises $2M

June 19, 2014 | The automated phone conversation translator Lexifone announced that it raised $2 million from a New York State owned fund, Israel’s Office of the Chief Scientist and private investors. According to a “Globes” report, the Office of the Chief Scientist granted the company NIS 3.5 million for the development of their translation product. Lexifone’s technology allows two people speaking different languages to have a phone conversation, directly translating the conversation into the user’s language of choice. The service is able to translate to English, Spanish, Portuguese, German, French, Italian, Russian and Hebrew. The company was founded in 2010 by CEO Ike Sagie.