Babbel Secures $22,000,000 Series C Financing

  • Feed Type
  • Date
    7/8/2015
  • Company Name
    Babbel
  • Mailing Address
    Undisclosed New York, NY 10022 USA
  • Company Description
    Babbel is a comprehensive system for learning languages. Offering fun, multi-media methods and the opportunity to exchange with a community, Babbel has been online since 2008 and boasts over ten million users on the web and on mobile devices.
  • Website
    http://www.babbel.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $22,000,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    The company, which was founded in 2007, says it plans to use this new round to drive further growth, especially in the U.S., where the company recently opened its first international office.
  • M&A Terms
  • Venture Investor
  • Venture Investor
  • Venture Investor

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