Social Learning Network Brainly Raises $500K From Point Nine Capital, Angels

Poland, Cracow-based Social learning network?Brainly, which operates a number of sites across Europe,?has secured a $500k investment from VC firm Point Nine Capital?and local angels, including Mariusz Gralewski, founder of the Polish professional network GoldenLine, and the founders of niania.pl, the largest 'nannies platform' in Poland (sold to Edipresse). The company says that the new funds will be used to?further develop its social learning networks, and to expand into new markets -- a move that should see the launch of an English language version and mobile products, putting Brainly in direct competition with the likes of Koofers and OpenStudy (see previous TC coverage).

Source: http://feedproxy.google.com/~r/Techcrunch/~3/KP6zskADi4s/

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