Boostlingo Records 60% ARR Growth in 2023, Aims to Expand Language Access
AUSTIN, Texas, Feb. 28, 2024 /PRNewswire/ -- Language access software provider Boostlingo recorded a 60% year-over-year (YOY) increase in Annual Recurring Revenue (ARR) in 2023.
- AUSTIN, Texas, Feb. 28, 2024 /PRNewswire/ -- Language access software provider Boostlingo recorded a 60% year-over-year (YOY) increase in Annual Recurring Revenue (ARR) in 2023.
- This growth positions the company to expand its technology platform, equipping language service providers (LSPs) with tools to thrive in the broader language services industry, valued at nearly $30 billion .
- Boostlingo's growth was driven by several factors, including key acquisitions in 2022 of Boostlingo ii (formerly Interpreter Intelligence) and Boostlingo Events (formerly VoiceBoxer), which experienced double-digit ARR growth.
- Boostlingo is a leading provider of language access solutions and is well-positioned for continued growth in the years to come.