Earlier this summer, we told you about the $5 million in venture capital that Seattle online language learning startup Livemocha raised. At the time, CEO Michael Schutzler didn’t want to talk about the particulars of the deal, including the new investors who participated. But now details are emerging with news that Brazilian education company Abril Educacao participated in the round.
In addition to the investment, the companies have entered into an exclusive deal by which Abril Educacao will promote the Livemocha offerings in Brazil.
In a statement, Schutzler said that the deal represents part of a larger strategy for Livemocha.
“Brazil is a strategic market for Livemocha with its booming economy and strong adoption of social media technologies,” he said. “This agreement establishes a blueprint by which we intend to continue our global expansion, build on our success in using language education to foster personal and professional growth, and remove barriers in an increasingly connected world.”
Other investors in the round include August Capital and Maveron. Livemocha now boasts more than 11 million members who use the site to learn a new language. The company — founded by former Microsoft and startup veteran Shirish Nadkarni — has members in 190 countries who are studying some 38 different languages.