Duolingo Raises $20M


Duolingo has raised $20 million in a Series C round of funding round led by Kleiner Perkins Caufield & Byers. Duolingo is an online social platform that teaches users a new language while they simultaneously translate content across the Web. Dr. Luis von Ahn, a computer science professor at Carnegie Mellon University, co-founded Duolingo with his PhD student Severin Hacker in 2011.

[Image courtesy: Duolingo]

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Bipsync Raises $1.5M

Bipsync, a research automation platform for investment professionals, has closed a $1.5 million round of seed financing. Investors in the round include Russell Siegelman (Stanford Lecturer and Partner Emeritus, Kleiner Perkins Caufield & Byers), David Eisner (Founder of, and Steadfast Venture Capital.