Open English Scores $43M Series C

Open English Scores $43M Series C

OPEN ENGLISH: $43 million in Series C round to Miami, FL-based Open English led by Insight Venture Partners, with Redpoint Ventures and existing investors Flybridge and Kasek participating. Originally developed in Venezuela in 2006, the online English-language learning platform has since been used by over 50,000 students in 20 countries. Open English also has offices in Caracas, Bogota, Sao Paulo and Panama. Founder Andres Moreno has his targets set on the Latin/South American market, particularly Brazil. More details from TechCrunch.

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