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September 17, 2012 06:55 pm GMT
Duolingo, the language learning and crowd-sourced translation service founded by reCAPTCH founder and Carnegio Mellon professor Luis von Ahn, just announced that it has raised a $15 million Series B round led by NEA, with participation from Union Square Ventures. The service never took any angel funding, but it raised a $3.3 million Series A round lead by Union Square Ventures last October. Ashton Kutcher and author Tim Ferris also participated in that round. As von Ahn told me in an interview earlier this month, the company plans to mostly use this new round of financing to expand its team in order to support more languages.Duolingo will also launch mobile versions of its service soon.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/6dPeMS3Ym8E/
Duolingo Raises $15M Series B Round Lead By NEA, Will Expand To More Languages And To Mobile Soon
Duolingo, the language learning and crowd-sourced translation service founded by reCAPTCH founder and Carnegio Mellon professor Luis von Ahn, just announced that it has raised a $15 million Series B round led by NEA, with participation from Union Square Ventures. The service never took any angel funding, but it raised a $3.3 million Series A round lead by Union Square Ventures last October. Ashton Kutcher and author Tim Ferris also participated in that round. As von Ahn told me in an interview earlier this month, the company plans to mostly use this new round of financing to expand its team in order to support more languages.Duolingo will also launch mobile versions of its service soon.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/6dPeMS3Ym8E/
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