Tech Company Financing Transactions

Open English Funding Round

Open English closed a $43 million funding round on 7/27/2012. Investors included Insight Venture Partners, Flybridge Capital Partners and Redpoint Ventures.

Transaction Overview

Company Name
Announced On
7/27/2012
Transaction Type
Venture Equity
Amount
$43,000,000
Round
Undisclosed
Investors

Insight Venture Partners (Lead Investor) (Jeffrey Lieberman)

Flybridge Capital Partners (Jon Karlen)

Redpoint Ventures

Proceeds Purpose
Coupled with the economic resilience seen in much of Latin America, continuing to invest in the development of our home region is the most natural next step for Open English.

Company Information

Company Status
Private & Independent
Industry
EdTech
Mailing Address
2980 McFarlane Rd. 212
Miami, FL 33133
USA
Email Address
Overview
Open English is an online school created to reinvent the English language learning experience. The company serves a large and rapidly growing global market, initially targeting Spanish speakers in the Americas.
Profile
Open English LinkedIn Company Profile
Social Media
Open English Company Twitter Account
Company News
Open English News
Facebook
Open English on Facebook
YouTube
Open English on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Andres Moreno
  Andres Moreno LinkedIn Profile  Andres Moreno Twitter Account  Andres Moreno News  Andres Moreno on Facebook
Chief Financial Officer
Alexander Sotelo
  Alexander Sotelo LinkedIn Profile  Alexander Sotelo Twitter Account  Alexander Sotelo News  Alexander Sotelo on Facebook
Chief Marketing Officer
María Figueroa
  María Figueroa LinkedIn Profile  María Figueroa Twitter Account  María Figueroa News  María Figueroa on Facebook
Vice President
Wilmer Sarmiento
  Wilmer Sarmiento LinkedIn Profile  Wilmer Sarmiento Twitter Account  Wilmer Sarmiento News  Wilmer Sarmiento on Facebook


 

 

Browse more venture capital transactions:

Prev: 7/27/2012: Apptopia venture capital transaction
Next: 7/27/2012: Impinj venture capital transaction

 

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About Database of VC Transactions

We do our best to document funding rounds that are announced publicly. VC investment data records reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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