Monday, September 17, 2012

Duolingo Raises $15M Series B Round Led By NEA, Will Expand To More Languages And To Mobile Soon

usv-duolingo-logoDuolingo, the language learning and crowd-sourced translation service founded by reCAPTCHA founder and Carnegie 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.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/6dPeMS3Ym8E/

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