Wednesday, March 27, 2013

Language Startup Babbel Closes $10M Series B Funding To Expand Globally, Build Team

fotodimatti-5670-finalThings are moving fast in the world of Babbel, the language learning startup out of Germany which has been scaling its international presence since we first started covering them back in 2009. Today Babbel is announcing a $10 million Series B funding round led by Reed Elsevier Ventures. Other investors include Nokia Growth Partners as well as existing investors, IBB Beteiligungsgesellschaft via its VC Fonds Technologie Berlin, and Kizoo Technology Capital.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/DTEO5-l-has/

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