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Idiom Technologies – Profile

April 14, 2005

idiom logo.gif
HQ: Waltham, MA
Founded: 1998
Management: CEO Joe Fiorentino previously was VP of sales at the content management company Eprise. Chairman and founder is Eric Silberstein who co-founded the defunct golf portal
Investors: In April 2005, Idiom raised $6M in Series E from Sigma Partners, North Bridge Venture Partners, Globespan Capital Partners and Greylock Partners. The company has raised close to $50M, most of it during the bubble.
Business Model: The company sells software that helps managers of large Web sites to update content in multiple languages.
Competitors: SDL, GlobalSight, Trados Uniscape, Bowne.
Dirt: This space is so depressing. VCs have invested untold millions here with no return. The pitch has been that the Internet is global so managing multilingual Web sites should be a big business. But most companies are decentralized and just let their country units manage their own sites, or they are like Google and just develop their own multilingual Web technology. The latest $6M investment in Idiom is a bald attempt by its VCs to keep the company afloat long enough to sell it so that they might recoup some of their losses.

3 Comments leave one →
  1. June 2, 2006 5:15 pm complimentwhosewondered

  2. June 2, 2006 5:16 pm complimentwhosewondered

  3. June 21, 2006 8:43 pm

    Edmonton dominated the Carolina Hurricanes on Saturday night and the 4-0 margin in Game 6 makes it hard to imagine the Oilers not hoisting hockey’s Holy Grail above their heads in less than 48 hours. And it would not come as any shock to see defenseman Chris Pronger, who had another 31-minute night, take the honors for the Conn Smythe Trophy as the playoff MVP.

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