Voxy Raises $8.5M to Expand Language Learning Around the World

VOXY: $8.5 million to New York-based Voxy in Series B round led by Rethink Education and Pearson. Rick Segal, Managing Partner at Rethink, will be chairman of Voxy's board. Founded in 2010, Voxy offers a platform for that delivers personalized language learning content based on technologies like geo-location, social networks, and image and speech recognition. In addition to the funding, the company will also partner with Pearson will distribute its product. Voxy has boasted on its blog that it has been the #1 ranked education app in the iTunes store in over twenty countries.

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