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Babbel Closes $10M Series B

2013-03-26
BERLIN, GERMANY, Language startup announced a $10 million Series B funding round led by Reed Elsevier Ventures.
Babbel announced 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.

Babbel is the new way to learn a foreign language. The comprehensive learning system combines effective education methods with state-of-the-art technology. Interactive online courses will improve your grammar, vocabulary and pronunciation skills in no time.

Babbel employs state-of-the-art technology to make learning a language easy and convenient. The internet, modern software and mobile devices make for new, exciting ways to learn on your own. Babbel takes advantage of this technology and combines it with the most effective foreign language education methods around. The result is a comprehensive system that facilitates stress-free learning.
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