Web 2.0 - Friday, March 6, 2009
Amsterdam's Myngle Raises €1M For For Site to Sprechen Zie Deutsch
e-learning startup Myngle has raised €1M from Rabobank in a loan is backed by the Dutch government through an innovation program. Its interesting to see Rabobank get active. In January Rabobank invested in eFresh. Myngle had earlier secured €800K seed investment from the HenQ fund.
The startup's founder, Marina Tognetti, was a regional manager at eBay. There certainly does NOT seem to be much in the way of tech development here. Myngle assembled a database of instructors for students to chose from. They then pay via PayPal and finally students use Skype video-conference for their courses.
If only learning a foreign language could be so saucy.
View - site http://www.myngle.com
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