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November 10, 2010

NTT invests US $1 million in EnglishCentral

englishcentral-logo.jpg NTT Investment Partners has made a $1 million dollar investment into the English learning through online video site, EnglishCentral.

As a result of the investment NTT IP hopes to expand its Virtual English service, which is a language training program for NTT’s broadband customers.

Previous to this partnership and funding, the Massachusetts-based EnglishCentral had received $3.48 million in financing led by Google Ventures and Atlas Venture.

NTT also invested over 3.4 million dollars in Japan-focused ELT business Cerego just over a year ago.

Reported by: Russell Willis

See also:
NTT Investment Partners (Japanese)
English Central

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