Ford and Geely Explore Strategic Manufacturing Partnership in Europe 
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences 
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment 
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns 
Instagram Outage Disrupts Thousands of U.S. Users 
American Airlines CEO to Meet Pilots Union Amid Storm Response and Financial Concerns 
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings 
Weight-Loss Drug Ads Take Over the Super Bowl as Pharma Embraces Direct-to-Consumer Marketing 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links 
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains 
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports 
Washington Post Publisher Will Lewis Steps Down After Layoffs 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans 
Lehi, Utah, Feb. 08, 2018 -- Emmersion Learning, the creator of the TrueNorth Speaking Test, raised $600,000 in seed financing from current investors and a small group of strategic investors including Zylun Global and Access to Education, a Silicon Valley edtech accelerator.
|
|||
“This round of funding will allow us to continue to develop and distribute our TrueNorth Speaking Test, which automates speaking testing by leveraging cutting-edge speech recognition models, advanced statistical algorithms, and time-tested linguistic and psychometric methodologies,” said Joe Tomco Emmersion Learning CEO. “We are already in the process of growing our development and sales teams with this new funding.”
The investment group includes:
- Strategic partners in the language assessment industry
- Experienced edtech entrepreneurs
- Language learning practitioners
- Seasoned investors
“I invested in Emmersion Learning both because of their bold vision of how technology can dramatically improve language learning for billions of people and their innovative, but straightforward plan to get there,” said Gary Riding, an investor at Zylun Global and former SVP/GM of Samsung.
“We believe the future of education is personalized learning. Automating placement and progress testing is the first step in scalably personalizing language learning, and providing diagnostic feedback to create custom learning paths is next. We are committed to forging the frontier of language assessment to provide an adaptive testing system that not only identifies language level, but outlines a personalized learning path to get to the next level” said Dr. Jacob Burdis, Emmersion Learning Co-founder and Chief Product Officer.
About Emmersion Learning: Emmersion Learning launched in 2015 with a mission to close the global communication gap by helping organizations personalize language learning. In 2018, Emmersion Learning launched the TrueNorth Speaking Test. The test allows organizations to test learners’ oral language proficiency automatically through any web-connected device.
Attachments:
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/fd476d16-a33d-4527-b668-dfdcde5e9546
Joe Tomco Emmersion Learning, Inc. 801-762-6011 [email protected]
