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ACQUIRED COMPANY
 
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GlobalEnglish  Acquired by Pearson (2012 $ 90,000,000 )

8000 Marina Blvd, Suite 810
Brisbane, CA 94005
USA
650-246-6000
Website Company Summary Management Team
Board

Outside board: (May no longer be on the board) Martin Rice (GlobalEnglish Founder) Ron Hoge (GlobalEnglish Vice Chairman) Reece Duca (The Learning Company Former Chairman) Stephen Patrick (GlobalEnglish Former CTO) William A. Dinsmore (The Learning Company Former CEO) William Rauth (Stradling, Yocca, Carlson & Rauth Founding Partner) Wendell G. Van Auken (Mayfield Fund General Partner)
Former outside board: Barney Harford (Expedia Former Regional President) Douglas Carlston (GlobalEnglish Founder);  Luise Phelps (IGSB Venture Capital)
Company

Business description: GlobalEnglish's mission is to develop the highest quality, most effective online English language instruction service for non-native English speakers worldwide. The founders of GlobalEnglish Corporation are dedicated to education and have a successful history in educational software, online services, and multimedia foreign language instruction. During the last fifteen years, they have developed and managed three of the most successful educational technology companies. GlobalEnglish.com is the leading Web portal for learning English. The site offers high quality, effective online English language instruction. The multimedia coursework includes text, audio, graphics and animation, record/playback, and speech recognition to simulate real-life English language communication experiences.
Customers include: Abbott LaboratoriesAdeccoAir LiquideAmerican ExpressApplied MaterialsCanonDeutsche TelekomEDSEMCGlaxoSmithKlineGMHitachi, Ltd.HPIBM JapanMedtronicProcterAndGambleReuters RicohSAP Labs U.S.Schneider ElectricSharpTSMCUnileverVisteon;  Aegon;  AsahiAndCo.;  BASF;  Bayer;  BNP PAribas;  China Motor;  Chubb;  Computer Associates International;  Contra Costa College;  Daiichi Pharmaceuticals;  Deloitte Touche Tohmatsu;  Deutsche Post DHL ;  DSG International ;  Dubai Municipality ;  Emerson;  Emirates Bank ;  Gillette;  Halliburton;  HEC Paris;  Hilton International;  Honda Motor;  IBERDROLA;  ING Group;  John Deere;  Kao;  Kenwood;  LG International;  Maersk;  Mittal Steel ;  NestlĂ©;  Nissan Motor;  NTT Communications;  Obayashi;  Reuters Group;  Starwood HotelsAndResorts ;  Starwood HotelsAndResorts Worldwide;  Taiwan Semiconductor Manufacturing Corp.;  Telecom Italia;  UNICEF;  Wyeth;  Yanmer
Partners include: MarketWatch ;  International Dialects of English Archive ;  Mexico division of INROADS ;  TMA
Capital

Rounds: 2
Recent Fundings:    May 2001
Capital raised: 22.0M
Last Round: 1.6M
Ownership: Acquired by Pearson (2012 $ 90,000,000 )
VCs include: Mayfield Fund;  SPO Partners
Angels/other VCs: Bryan Flynn (Macromedia)

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Overview
Record updated: Aug 2010
Sector: Internet
Year Founded: 1997
Rounds: 2
Recent Fundings:    May 2001
Capital Raised: 22.0M
Last Round: 1.6M
Ownership: Acquired by Pearson (2012 $ 90,000,000 )