General Atlantic has supplied equity and secured shares through a secondary transaction, and will aid the CMU-founded language app developer's international growth objectives.
Duolingo, the US-based online language learning service spun out of Carnegie Mellon University, has secured $10m of funding from venture capital firm General Atlantic, TechCrunch reported on Monday, citing a regulatory filing.
The spinout told TechCrunch the money was raised above the $1.5bn valuation achieved with its series F round in December 2019, but declined to provide further details.
General Atlantic picked up additional shares in a secondary transaction with an unnamed existing investor, but financial terms…
