Venture Capital: Chinese Edtech EEO Scores $265M Series C Round


Source: dailyalts.com dailyalts.com

Key Topics in this News Article:

News Snapshot:

November 30, 2020 | News , Venture Capital EEO owns the online teaching platform ClassIn. At last count in August, Empower Education Online (EEO)’s ClassIn had 60,000 schools and institutional clients from 35 countries and regions across the globe. It services about 20 million individuals from 150 countries each month. The edtech giant raised $265 million in a Series C round of financing led by Hillhouse Capital’s venture capital unit GL Ventures. ( CaixinGlobal/CX Tech ) EEO is a Beijing-based SaaS provider of online education. Other investors participating in the round included Tencent, Susquehanna International Group (SIG), INCE Capital, and...