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Babbel breaks beyond even: Language learning platform customer base grows exponentially
- Over 2.5 million users worldwide
- Babbel triples revenue in 2011
- Babbel takes over iPhone development from the Aspirement software firm
Berlin, September 5, 2011— With a doubling of the paying customer base in 2011 and a resulting tripling of the total revenue, the young internet company Babbel has finally become profitable. Now more than 2.5 million users worldwide are studying eleven foreign languages with the Babbel online platform and related apps.
In light of these successes, Babbel now has plans to expand its team. The four-year-old Berlin-based company is currently seeking ten new fulltime employees. Having already grown from ten to nineteen employees just this year, the company’s numbers will noticeably increase. Three new developers have already been found and will begin work this year, and in order to find the right people for other positions, a recruiter will be employed. Jobs are open in marketing, software development, finance, product design and support.
To continue to diversify its product offering, Babbel also will take over iPhone app development from the Aspirement software company. Language apps that have until recently been developed in collaboration with Aspirement will now be programmed by in-house software experts and made available to wider public. Android apps will be ready for the market this winter, and starting October 1, the business manager of Aspirement will become a fulltime employee of Babbel.
“With a bigger team and new products, we’re further succeeding with our goal to make foreign languages easier and more attractive to learn. Satisfied customers in over 200 countries is solid proof we’re doing something right,” says Markus Witte, Babbel’s managing director. As one of the most successful startups in Europe, Babbel now has its sights set on the USA. At this year’s DEMO conference, managing director Witte (CEO) and Thomas Holl (CTO) plan to meet and exchange with other startups and engage the e-learning world in discussion.
Lesson Nine GmbH is the company behind Babbel. Founded in 2007 by Lorenz Heine, Markus Witte, Toine Diepstraten and Thomas Holl, in 2008 the company was further supported by investors KIZOO Technology Ventures and IBB (Berlin Investment Bank). In 2009 the European Regional Development Fund (EDRF) also granted the innovative language learning platform about one million euros. Beginners and continuing learners can study French, Spanish Italian, German, Brazilian Portuguese, Swedish, Turkish, Indonesian, Polish, Dutch and English online or via app.
More information can be found at: http://www.babbel.com/home/about/press
International Communications Manager
Tel.: +49. 160.1510886