Open English Taps $65M for Language Instruction
Summary
Open English secured $65 million in a Series D round led by Technology Crossover Ventures. The company plans to use the capital to accelerate its expansion. The deal values the online language instruction provider at just under $350 million. The article also notes broader momentum in online learning tools that use video and internet connectivity to change how people learn.
Funding
Amount
$65.0M
Total raised
Date
April 26, 2013
Announcement date
Investors
Technology Crossover Ventures
Lead investors
Company
openenglish.com
Funded company
Classifications
industries
No industries detected
applications
EduTech - learning
AskAI Classifications
Labels
No AI classifications detected