For the round, Digital Garage and 500 Startups invested as well. The deal is done by convertible note.
Language Cloud allows teachers and students to communicate about classes and homework as well as to see notes or to use various features useful for language learning on cloud. In addition, it enables schools to handle communication and management process easily.
Cnet Japan 11/21/2012 [jp]
- The founders are alumni of an accelerator program, Open Network Lab, in the last year, in which they launched C2C English learning service. They pivoted this year to provide a solution for business customers, which seems doing much better. It might be one of trends this year that more startups look to stable services targeting business customers instead of trying to run social-related services focusing on consumers.