Carnegie Mellon University's language teaching app Duolingo has received series F funding from existing backer CapitalG and is now valued at $1.5bn.
CapitalG, the growth stage equity arm of internet and technology conglomerate Alphabet, provided $30m in series F funding for US-based language learning platform Duolingo on Wednesday at a $1.5bn valuation.
Spun out of Carnegie Mellon University in 2009, Duolingo operates a free-to-use language learning platform that uses gamification techniques to teach more than 30 different languages. Its courses range from major languages such as Spanish, Chinese and Arabic, to Navajo, Scottish Gaelic and Klingon.
The company also offers…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
