Alongside Reed Elsevier Ventures, which led the round, and Nokia Growth Partners in the B round were local bank IBB Beteiligungsgesellschaft, through its Fonds Technologie Berlin venture unit, and venture capital firm Kizoo Technology Ventures founded by serial entrepreneurs Michael and Matthias Greve.
Lesson Nine, a Germany-based provider of the Babbel online learning system for foreign languages, has raised $10m in its series B round from a consortium including publisher Reed Elsevier and phone maker Nokia’s corporate venturing units.
Alongside Reed Elsevier Ventures, which led the round, and Nokia Growth Partners in the B round were local bank IBB Beteiligungsgesellschaft, through its Fonds Technologie Berlin venture unit, and venture capital firm Kizoo Technology Ventures founded by serial entrepreneurs Michael and Matthias Greve.
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