SpeachMe, a French startup making video tutorial solutions, has raised €10 million in funding from Groupe Artémis’ Red River West, an initiative that funds French companies’ growth in the US.
It develops video-based communication and learning tools within companies and employees, with customers including Airbus and Blablacar. It competes with the likes of US startup Grovo, which makes SaaS-based learning platforms and has raised over $70 million.
The Nantes company opened a US office in Austin in 2015 and plans to continue its international growth. It will open an office in Los Angeles and employ 70 new people across the company this year, according to a spokesperson.
SpeachMe previously raised €2.2 million from Alven Capital in 2016.