New round of funding raises the investment to $120 million
Open English receives $65 million investment
OpenEnglish, the online English school, has received new investments
of US$65 million The capital is being provided by Technology Crossover
Ventures Fund, and by Insight Venture Partners and Redpoint Ventures.
The latter two have invested in the company previously. The most recent
capital commitment brings total investment in the school, which has
about 100,000 students in Latin America, to US$120 million.
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