Dorm-room startup and movie-translation app myLINGO announces a $750,000 seed round.
19-year-old Olenka Polak plans to drop out of Harvard next semester. The winner of 2013's Harvard College Innovation Challenge has her sights on Hollywood and bringing her movie-translation app, myLINGO, to cinema fans. Like any smart student, Polak needed some reassurance, and that came in the form of a seed investment totaling $750,000 from undisclosed investors. In the larger scheme of things, this isn't an extraordinarily large amount of investment money--but it was enough to make Polak want to try her luck out West.