TechCruch reports that Myngle, the Amsterdam-bassed online language learning platform, has secured 1m euros in funding.
Myngle, founded by ex-eBay employees, is essentially a “marketplace for languages” where teachers and students can virtually connect and determine if there’s a match for an online course to start between the parties (from both sides). The e-learning platform advocates the use of Skype for video-conference tutoring and accepts online payment transactions via PayPal, so most of the operation is automated and doesn’t involve Myngle staff.
Here’s how they pitch the service on their site:
Myngle is free for students and teachers to sign up and provides an online environment for live individual and group lessons for basically any language and level from any type of teacher. You can choose your own teacher or student depending on your specific needs, availability and price! If you are a student, you can try out a demo lesson with your selected teacher before you have to pay anything.
Myngle claims to have attracted almost 50.000 members in 125 countries since its inception in 2007, and boasts providing language courses in 52 languages. VoxSwap, LiveMocha and Babbel offer a similar proposition. Read full article >>
Is this the future of language learning/teaching? It certainly beats an 8h30 Thursday morning class with 20+ French students who've been partying late into the night—and you can drink your coffee as you teach! I should imagine that Milagros is quite in demand.