[2] According to research by Deloitte, in 2020 Memsource a.s was one of the top 50 fastest growing IT companies in the Czech Republic.

[citation needed] In the third quarter of 2015 Memsource translated over a billion words on its platform for the first time.

[4] In May 2018, Memsource was granted a patent for its AI non-translatables feature[5] and in October 2018, launched its second AI feature, a quality estimation endpoint to enable users to see MT quality scores before post-editing.

[6][7][8] In 2019, Memsource was ranked as the Most Viable Product in the Marketflex for Language-Oriented TMS, published by Common Sense Advisory (CSA) research.

[9] In July 2020, The Carlyle Group acquired a controlling share in Memsource for an undisclosed sum.