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 led by Hillhouse Ventures, followed by Tencent, SIG, Ince Capital, and Gaocheng Capital
  • The company also intends to use the funds to expand product R&D, develop new and advanced technologies in education
  • Led by Junbo Song, founder, and CEO, ClassIn provides a SaaS classroom platform
  • Its primary product released in 2017 and now upgraded to ClassIn X which helps to digitize offline classrooms
  • The platform supports a wide range of classroom sizes from 1 to 2000, allowing teachers and students to video chat, co-edit documents in real-time
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

NextGen Nordics Strengthens Insights on Innovation Divide and AI Integration

Upcoming data reveals crucial trends in the Nordic fintech landscape.Highlights: NextGen Nordics to reveal data on fintech innovation...

US Launches Cybersecurity Sharing Channel for Crypto Firms

New initiative aims to enhance security in the cryptocurrency sector.Highlights: US government launches a new cybersecurity sharing channel...

PayPal Expands Payment Links to Canva Creators

Canva users can now easily monetize their designs with PayPal's new feature.Highlights: PayPal's payment links feature is now...

Perpetuals Strengthens AI with Quantum Resilience as a Service

The new offering promises enhanced stability and security for fintech operations.Highlights: Perpetuals launches unique Quantum Resilience as a...