CMU-founded language learning platform developer Duolingo has now raised $183m altogether and has increased its valuation 60% to $2.4bn.
Duolingo, the US-based language learning app spinout of Carnegie Mellon University, has increased its valuation to $2.4bn in a $35m financing round.
Investment manager Durable Capital Partners and growth equity firm General Atlantic provided the capital, which lifted the company’s overall funding to $183m.
Founded in 2009 as a spinout of Carnegie Mellon University, Duolingo has built an online platform that helps users learn some 40 different languages.
The company has 98 courses available and will put…
