The Bellevue, Washington company is shaking up what its investors say is a $83 billion market worldwide. It’s the first of a bunch of new companies that have emerged recently to teach people foreign languages online, including Myngle, Italki and Yappr. Livemocha appears to be in the leading position, according to Google Trends (see chart below). The company says it has 4.8 million registered members, from over 200 countries.
(Link: Language learning site Livemocha keeps growing — gets $8M boost | VentureBeat)
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December 25, 2009

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