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DeepNewz, mobile.
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Language learning app Speak has secured $20 million in a Series B funding round, doubling its valuation to $500 million. The funding round was led by internal investors, including notable figures and organizations such as Josh Buckley, OpenAI, Paul Graham, Jeff Weiner, and Khosla Ventures. Speak, which has been leveraging AI for language education since 2018, now boasts 10 million users. The company has received early backing from Founders Fund.
Big day for Speak! Announcing our latest round at a $500M valuation preempted by our internal investors including @joshbuckley, @OpenAI, @paulg, Jeff Weiner, @gokulr, @khoslaventures. https://t.co/Y4WUu37fXm
Congrats to my boys @connorzwick @adhsu & @cgyulay They've been working on teaching languages using AI since 2018, talk about catching a wave before it was cool $20m Series B and 10m users aint shabby! Proud that we were early backers at @foundersfund https://t.co/dfRwnp5TgR
In 2017, @huggingface arrived at @joinstationf with a team of 4 entrepreneurs: @ClemDelangue (CEO), @Thom_Wolf (CSO), @julien_c (CTO) & @moi_anthony (Software Engineer). Now the startup is valued at $4.5B. Clément returns to campus to talk about this completely wild adventure on… https://t.co/SKbo0DnFZz
