Connect with us

Hi, what are you looking for?

Jewish Business News


Fortissimo Capital Acquires one third of Israeli One Hour Translations For $10 Million

The Rehovot-based online translation service has over 15, 000 translators in 100 countries.
One Hour Translations

Fortissimo Capital has acquired one third of One Hour Translations Ltd. for an investment of $10 million. The Rehovot-based online translation service was founded by CEO Ofer Shoshan, VP Yaron Kaufman and two partners by bootstrapping. One Hour Translations has over 15, 000 translators in 100 countries. Its clients include Toyota, Coca-Cola, the US Army, IBM,  Strauss Group Ltd.(TASE:STRS),  El Al Israel Airlines Ltd. (TASE: ELAL), and Comverse Inc. (Nasdaq: CNSI). It offers a range of translation, transcription, and proofreading services across a range of subjects.

“We’ve grown organically until now, without investments, to become within two years the largest online translation service, ” said Shoshan. “Fortissimo’s investment will allow us to grow much more rapidly and become the largest professional translation service in the world.”

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at
Thank you.

One Hour Translations has 50 employees in Israel and other countries, with offices in Rehovot, Kiev, Bucharest, and New York. The company plans to use the investment proceeds to hire 40 people in Israel, including developers, salespeople, and customer service and support staff. “We’re proud that over half of the company’s employees are women, ” said One Hour Translations COO Lior Libman. “We definitely intend to continue this trend.”

Published by



You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...


The Movie The Professional is what made Natalie Portman a Lolita.


After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.