Tech Company Financing Transactions
Babbel Funding Round
Scottish Equity Partners, NGP and Reed Elsevier Ventures joined a $22 million Series C funding round for Babbel. The round was announced by the company on 7/8/2015.
Transaction Overview
Company Name
Announced On
7/8/2015
Transaction Type
Venture Equity
Amount
$22,000,000
Round
Series C
Investors
Proceeds Purpose
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.
Company Information
Company Status
Private & Independent
Industry
EdTech
Mailing Address
149 5th Ave.
New York, NY 10010
USA
New York, NY 10010
USA
Phone
Undisclosed
Website
Email Address
Overview
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. You'll make fast progress and have fun doing it.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Arne Schepker
Chief Executive Officer
Markus Witte
Chief Technical Officer
Thomas Holl
VP - Finance
Ina Wetzel
VP - Marketing
Deepa Miglani
VP - Product Management
Scott Weiss
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We do our best to report on every notable VC transaction. VC investment data records on this site are sourced from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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