Seattle, WA, July 18, 2012 – Livemocha announced today that it has been chosen by AlwaysOn as one of the AlwaysOn Global 250 winners. Inclusion in the AlwaysOn Global 250 signifies leadership amongst its peers and game-changing approaches and technologies that are likely to disrupt existing markets and entrenched players in the Global Silicon Valley. Livemocha was specially selected by the AlwaysOn editorial team and industry experts spanning the globe based on a set of five criteria: innovation, market potential, commercialization, stakeholder value, and media buzz.
Livemocha and the AlwaysOn Global 250 companies will be honored at AlwaysOn’s tenth annual Innovation Summit at the Computer History Museum on July 23th, 2012.
This two-day executive gathering that highlights the significant economic, political, and commercial trends affecting the global technology industries. Innovation Summit’s goal is to identify the most promising entrepreneurial opportunities and investments in the global tech industry.
“This year’s AlwaysOn Global 250 companies have been shaken up by the recent surge in on-demand and mobile innovation. This year’s crop of robust, innovative applications has launched a complex world of interconnected, sophisticated data being used by a voracious consumer and business userbase. Coupled with a massive smartphone and tablet adoption, the opportunities for this year’s winners are unlimited,” says Tony Perkins, founder and editor of AlwaysOn. “The 2012 AO Global 250 winners are driving the technology market into new, uncharted territory, representing the highest-growth opportunities we’ve seen in the private company marketplace in the history of the Global Silicon Valley.”
The AlwaysOn Global 250 winners were selected from among thousands of domestic and international technology companies nominated by investors, bankers, journalists, and industry insiders. The AlwaysOn editorial team conducted a rigorous three-month selection process to finalize the 2012 list.A full list of all the AlwaysOn Global 250 winners can be found on the AlwaysOn website at: http://www.aonetwork.com/AOStory/Announcing-2012-AlwaysOn-Global-250-Top-Private-Companies
Livemocha CEO Michael Schutzler said, “It’s exciting to see Livemocha honored by AlwaysOn because it represents increasing recognition of the importance of language learning. Language has often been considered secondary to academic areas such as math and science, but we believe that language—the crucial tool for real, productive global communication—must be at the forefront of what we teach and learn, so it’s wonderful to have Livemocha and language learning in general recognized in the industry.”
Livemocha is the world’s largest online language learning community, fusing traditional learning methods with online practice, and interaction with native language speakers from around the world. Since launching in 2007, the Livemocha community has grown to over 14 million members from 190 countries, underscoring the strong demand for an engaging and collaborative approach to language learning. Livemocha continues to grow with one mission: to create a world in which every human being is fluent in multiple languages. Visit http://www.livemocha.com for more information.
AlwaysOn is the leading business media brand networking the Global Silicon Valley. AlwaysOn helped ignite the social media revolution in early 2003 when it launched the AlwaysOn network. In 2004, it became the first media brand to socially network its online readers and event attendees. AlwaysOn’s preeminent executive event series includes the Silicon Valley Innovation Summit, OnMedia, OnHollywood, IMPACT Venture Summit Mid-Atlantic, Venture Summit East, OnDemand, Venture Summit Silicon Valley, OnMobile, and GoingGreen Silicon Valley. The AlwaysOn network and live event series continue to lead the industry by empowering its readers, event participants, sponsors, and advertisers like no other media brand.