Overview
Busuu is a language learning platform on web, iOS and Android that allows users to interact with native speakers. In 2021, Chegg acquired Busuu for $436 million.
History
Busuu was founded in May 2008 by Bernhard Niesner and Adrian Hilti. The company launched with a free version of its website and opened its first office in Madrid. In 2009, Premium membership was introduced to access to all features on the platform and in 2010, the first Busuu mobile app was launched.
Busuu is named after the endangered language Busuu, spoken in Cameroon. According to an ethnological study conducted in the 1980s, only eight people at that time were still able to speak this language. In 2010, Busuu created a short language course to encourage people to learn the Busuu language using Busuu.
After closing a Series A round of 3.5 million euros from PROfounders Capital and private investors in 2012, Busuu further improved the functionalities of the platform and increased its global market share. During that year, the company moved its offices and staff to a London based office. The head office of Busuu has remained in London ever since.
From Wikipedia (CC BY-SA 4.0).