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Press Archives For 2008

Livemocha Reaches 1 Million Global Members; Introduces Mochapoints

World’s Largest Online Language Learning Community Also Adds New Lesson Content in Arabic and Korean

SEATTLE–(BUSINESS WIRE)–Livemocha, the world’s largest online language learning community, announced today that its community has reached 1 million members from around the world in its first year of existence. Livemocha also introduced Mochapoints, an innovative new peer-based reputation ratings feature that allows members to evaluate one another’s contributions and monitor language proficiency. In addition, Livemocha will also add Arabic and Korean lessons and translations to the 10 other languages already supported.
“Members can now evaluate the potential merit of the connections they make with other Livemocha members. This built-in qualification mechanism is an important evolution in social networking and ensures that the community is recognized for…  read more

Livemocha Secures $6 Million in Venture Capital Series A Funding Led by Maveron

Funding to Accelerate Popular Language Learning Site’s Functionality and Growth

SEATTLE, Jan. 15 /PRNewswire/ — Livemocha, a next generation language learning company, today announced it has secured $6 million in funding led by Maveron LLC. Livemocha plans to use the funding to accelerate the site’s functionality, global appeal and growth. Livemocha addresses a $20 billion worldwide market for language learning fueled by rapid globalization, immigration and travel.

“We are thrilled to have Livemocha as part of our portfolio. The company’s interactive platform changes the language learning paradigm — empowering a global community of users to learn a new language in an engaging, mutually reinforcing and low cost way,” said Debra Somberg, general partner at Maveron. “With Livemocha’s platform already generating…  read more