Rosetta Stone Picks Up Livemocha for $8.5M

Livemocha, the developer of an online language-learning platform, has been acquired by Rosetta Stone (NYSE: RST) for $8.5 million in cash. Livemocha will remain at its Seattle headquarters and, in partnership with Rosetta, will become available on more devices and offer additional languages. Exiting investors include August Capital and Maveron. Livemocha completed several VC financing rounds, including a final $5 million round in July 2011.

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