Practica Seed Capital fund managed by Practica Capital invested in a mobile simultaneous translation solution Interactio.
Interactio is an innovative event tech solution that fully replaces simultaneous interpretation hardware by a mobile system. They bring multilingual events into the 21st century with reliable and easy to use software - it eliminates queues, additional personnel for hardware delivery, responsibility for the rented hardware, and is able to relocate interpreter to any part of the world.
Interactio is a global partner of TEDx and was rewarded among top 10 innovations by IBTM World, a Global trade show for events and meetings industry.
"A lot of quality content is lost in the events because of a language barrier and expensive translation hardware. We at Interactio seek to build that connecting bridge by introducing a easy-to-use and cost-saving real time interpretation solution to the market. Our initial tests show that events, churches and conferences grow when their content can be heard by people speaking other languages. We are excited that Practica is joining us in our mission to build bridges between people speaking in different languages," said Henrikas Urbonas, Interactio Co-founder & CEO.
For more information visit: http://www.vz.lt/sektoriai/paslaugos/2016/10/18/practica-capital-investuoja-i-mobilia-vertimo-sistema
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