Gradient Ventures and Globant Ventures both participated in a series A round for the language learning app developer that was co-led by Susquehanna International Group.

Quantitative trading and technology firm Susquehanna International Group co-led a $15m series B round for US-based language learning technology developer Elsa with private equity firm VI Group yesterday.

The round included Gradient Ventures and Globant Ventures, which invested on behalf of internet technology provider Google and digital transformation software provider Globant, in addition to SOSV, Monk’s Hill Ventures, Endeavor Catalyst and U2 guitarist The Edge.

Elsa is the creator of a mobile app that uses speech recognition, automated feedback and…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.