Experior Venture investment fund
XTRF Scores a European Union Grant
12/06/14 12:40 Archived in: Press Releases
It has only been a few months since XTRF has gained the first round of funding from the Experior Venture investment fund, and we have already scored another grant: a European Union project worth over $1 million. The project titled "Continuity of the processes and data security in a translation management system" is financed from the EU Innovative Economy Operational Programme.
The project known as xContinuo is funded from the Innovative Economy program priority: Research and Development of Modern Technology and is expected to end in September 2015. The purpose of the project is to develop technologies that will ensure operation continuity, extreme data security and seamless experience for TMS class systems. XTRF™ - a multi-layered, enterprise-class system - will be adapted to operate in a highly distributed architecture model for cloud computing and collaboration with the so- called Intercloud. To convert this into non-geek language: the goal of the project is to improve the level of experience for the end-users of the TM system. Read More...
The project known as xContinuo is funded from the Innovative Economy program priority: Research and Development of Modern Technology and is expected to end in September 2015. The purpose of the project is to develop technologies that will ensure operation continuity, extreme data security and seamless experience for TMS class systems. XTRF™ - a multi-layered, enterprise-class system - will be adapted to operate in a highly distributed architecture model for cloud computing and collaboration with the so- called Intercloud. To convert this into non-geek language: the goal of the project is to improve the level of experience for the end-users of the TM system. Read More...