HTGF et al. exit bab.la to Oxford University Press

OUP has developed its own consumer website, OxfordDictionaries.com, which will bring bab.la under its umbrella. Bab.la will continue to operate in Germany with its team of editors and language specialists.

HTGF first invested in bab.la in August 2008.

Company
Founded in May 2007 and launched three months later, Hamburg-based bab.la is an online language portal comprising a multilingual dictionary and translation website. It offers 39 dictionaries for 28 languages, a language forum, verb conjugation for 11 languages, phrase books and an internship platform, among other services.

People
Casper Grathwohl is president at Oxford Dictionaries. Patrick Uecker is managing director of bab.la. Romy Schnelle led the original deal for HTGF.

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• DACH
• Exits
• Technology
• Germany
• High-Tech Gründerfonds
• Mountain Partners AG
• Trade sale