Duolingo Raises $20 Million to Build Out Education Empire

Duolingo, the developer behind the popular language-learning app of the same name, has raised another $20 million in funding.

The Series C round was led by Kleiner Perkins and brings Duolingo's total funding to date to $38 million. The plan, according to founder Luis von Ahn, is to use the additional funds to ramp up hiring and improve its existing product to include more analytics, language options and the ability to get certified in a new language.

"We are already the largest way to learn languages online," von Ahn says. "The goal now is to just completely dominate and I think that we can do that, but for that we need to expand into more languages and add a lot more features." Read more...