Tuesday, December 22, 2009

Livemocha Lands $8M

Bellevue-based Livemocha, which operates an online community for learning foreign languages, said today that it has raised $8M in a Series B financing round. The round was led by August Capital, and also included prior investor Maveron. The firm said the new funding brings its total raised to $14M. The firm will use the funding to further develop its platform, and for new partnership launches. Howard Hartenbaum of August Capital joins the board along with the funding. More information »