The Alphabet-backed language learning platform increased its total funding to $108m with a series E round led by Drive Capital that valued it at $700m.
Duolingo, a US-based language learning platform backed by internet technology conglomerate Alphabet, has completed a $25m series E round led by venture capital firm Drive Capital that valued it at $700m.
Formed as a Carnegie Mellon University project in 2009, Duolingo publicly launched its language education platform two years later and has since accumulated more than 200 million users worldwide.
The company’s technology uses a gamification methodology to aid language learning. It also provides an English language certification test, artificial…
