ClassIn Raises $265M in Series C Funding : vimarsana.com

ClassIn Raises $265M in Series C Funding


ClassIn, a Beijing, China-based EdTech company creator of an online interactive classroom, raised $265m in Series C funding.
The round was led by Hillhouse Capital’s GL Ventures, Hillhouse Ventures, followed by Tencent, SIG, Ince Capital and Gaocheng Capital.
The company intends to use the funds to expand product R&D, develop new and advanced technologies in education, and explore more markets abroad increasing global reach, while consolidating its position in the China market.
Led by Junbo Song, founder and CEO, ClassIn provides a SaaS classroom platform. Its primary product was released in 2017 and now upgraded to ClassIn X which helps to digitize offline classrooms, providing a connected, online-merge-offline learning experience. It offers group video chat on top of a range of interactive classroom settings and teaching features to create a fully interactive online learning experience that, combined with smart scheduling and quality teachers. 

Related Keywords

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