Technology | 2015.07.09
Funding Boost for Language App: Babbel Raises $22 Million
NEW YORK--(BUSINESS WIRE)--Babbel, the leading app for language learning, today announces the successful completion of a $22 million investment round to drive further growth. The round is led by Scottish Equity Partners (SEP) and supported by existing investors Reed Elsevier Ventures, Nokia Growth Partners (NGP), and VC Fonds Technology Berlin managed by IBB Bet. The investment will add momentum to the company’s impressive growth, while ensuring the continuation of its cutting-edge product deve
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