An Interest In:
Web News this Week
- April 19, 2024
- April 18, 2024
- April 17, 2024
- April 16, 2024
- April 15, 2024
- April 14, 2024
- April 13, 2024
Some of Our Sources
- Engadget
- Simplebits
- Vandelay Design
- Reencoded
- CSS Globe
- Web Resource Source
- Willems Lab
- Daily Now
- Hashedout
- TechPowerUp
Help Webnuz
Referal links:
November 21, 2013 05:56 am GMT
Like clockwork, today brings yet another entrant into the fast-growing and noisy language learning space. Just last night we told you about the expansion of Verbling, which is putting a live, interactive spin on language education. This morning, Colingo joined Verbling and others in this mission — to take on tired incumbents like Rosetta Stones and tackle the multi-billion dollar opportunity in the language learning market. Unlike many of its cohorts, yet similar to Verbling, Colingo is taking a web-first approach, using in-browser, Google Hangouts-based video chat to bring language learners together with native speakers (and teachers) and to help them learn through conversation and immersion. However, while some startups and services focus on breadth and offer support for multiple languages, Colingo is trying to stand out from the pack by focusing on English-language proficiency and learning. The startup wants to create a live, global and digital English school, starting with the launch of its teacher-led, group video chat classes, personalized skill training and private tutoring. To do so, Colingo founder Ben Lowenstein told us today that the company has raised $2.4 million in seed funding to help it ramp up hiring and meet the growing demand for quality English-language learning services in developing countries. AtlasVenture led the startup’s first investment, with contributions from500Startups, Morado Ventures, Crosslink Capital, Havoc Capital and Social Leverage, as well as handful of angel investors, including Khosla Partner Ben Ling, Dogster founder Ted Rheingold and Chegg founderAayushPhumbhra. With Livemocha, Babbel, Voxy, MindSnacks, OpenEnglish and Duolingo all having raised multiple millions, Colingo becomes the latest indication that investor interest in language learning continues. Although it launches officially today, Colingo has been building the foundations of its English-language platform for over a year now and as of today, the startup counts 27 teachers, 70-plus curricular skills and over 150,000 students from 180 countries in its network. Given the early success OpenEnglish has had in Brazil, and the huge opportunity it sees going forward, it may not surprise you to learn that it has the largest share of Colingo’s customer base with over 30K students. Following Brazil are the U.S. and Mexico and Lowenstein that Eastern Europe and Latin America (at large) represent two potentially core areas for Colingo’s growth going forward. Beyond a growing Latin American user base — which is really just a micro-representation of the fast-growing demand for quality English-language learning programs across Latin America
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/Nf4UoMQVZ00/
With $2.4M From Atlas, 500 Startups & More, Colingo's Live Online School Aspires To Teach The World English
Like clockwork, today brings yet another entrant into the fast-growing and noisy language learning space. Just last night we told you about the expansion of Verbling, which is putting a live, interactive spin on language education. This morning, Colingo joined Verbling and others in this mission — to take on tired incumbents like Rosetta Stones and tackle the multi-billion dollar opportunity in the language learning market. Unlike many of its cohorts, yet similar to Verbling, Colingo is taking a web-first approach, using in-browser, Google Hangouts-based video chat to bring language learners together with native speakers (and teachers) and to help them learn through conversation and immersion. However, while some startups and services focus on breadth and offer support for multiple languages, Colingo is trying to stand out from the pack by focusing on English-language proficiency and learning. The startup wants to create a live, global and digital English school, starting with the launch of its teacher-led, group video chat classes, personalized skill training and private tutoring. To do so, Colingo founder Ben Lowenstein told us today that the company has raised $2.4 million in seed funding to help it ramp up hiring and meet the growing demand for quality English-language learning services in developing countries. AtlasVenture led the startup’s first investment, with contributions from500Startups, Morado Ventures, Crosslink Capital, Havoc Capital and Social Leverage, as well as handful of angel investors, including Khosla Partner Ben Ling, Dogster founder Ted Rheingold and Chegg founderAayushPhumbhra. With Livemocha, Babbel, Voxy, MindSnacks, OpenEnglish and Duolingo all having raised multiple millions, Colingo becomes the latest indication that investor interest in language learning continues. Although it launches officially today, Colingo has been building the foundations of its English-language platform for over a year now and as of today, the startup counts 27 teachers, 70-plus curricular skills and over 150,000 students from 180 countries in its network. Given the early success OpenEnglish has had in Brazil, and the huge opportunity it sees going forward, it may not surprise you to learn that it has the largest share of Colingo’s customer base with over 30K students. Following Brazil are the U.S. and Mexico and Lowenstein that Eastern Europe and Latin America (at large) represent two potentially core areas for Colingo’s growth going forward. Beyond a growing Latin American user base — which is really just a micro-representation of the fast-growing demand for quality English-language learning programs across Latin AmericaOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/Nf4UoMQVZ00/
Share this article:
Tweet
View Full Article
Techcrunch
TechCrunch is a leading technology blog, dedicated to obsessively profiling startups, reviewing new Internet products, and breaking tech news.More About this Source Visit Techcrunch