TechCrunch Disrupt finalist Voxy announces today that it has raised another $600k in addition to a $600K convertible debt round in February, bringing its total funding to $1.2 million.
Founded by Paul Gollash, the New York-based startup uses multimedia platforms to help people “learn a language from life.” Voxy utilizes SMS, the web and mobile apps in order to teach ESL to native Spanish speakers through content people would normally read, like magazine stories. The service has over 16,000 active users.
New angel investors John Frankel from ff Asset Management, WD Capital, Ron Pillar, and Ron Williams will be joining current investor group that includes Doug Levine, Mike Yavonditte, and Mike Brown in backing Voxy. The startup will be using the new round of funding in order to focus on scaling product and hiring.
Voxy plans on rolling out a formal iPhone app in January and adding a Spanish to English version next year.
Voxy is the only language learning program that is based 100% on your real-life daily activities. By using mobile technology and gaming mechanics, Voxy turns the media that you consume, the conversations that you have, and the activities you do into powerful contextual language lessons that are available anytime, anywhere. Voxy is currently focused on teaching English to Spanish and Portuguese speakers, but is rapidly expanding into new markets and new languages to reach the billions of...