Thu, Apr 21, 2011 in News by admin, Comments Off
The Madrid-based startup is remaining mum about the size of the investment, however, but says that to-date Busuu has received less than â‚¬1m in funding. That’s a figure dwarfed by its main competitors. US-based Livemocha has raised $14m, while European rival Babbel has raised over â‚¬1m. On that note, Busuu claims to have recently overtaken market leader Livemocha in terms of traffic, citing data from Compete.