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

UK Government Launches New Online Crime Squad to Combat Cybercrime

Specialized unit aims to enhance online safety and counter digital crime.Highlights: The UK government unveiled a new online...

NYSE Faces $9 Million Fine from SEC Over Trading Glitch

Regulatory action follows significant trading errors affecting market operations.Highlights: NYSE fined $9 million by SEC for a trading...

Stablecoin Startup Kast Raises $80 Million to Accelerate Growth

Funding aims to expand operations and enhance offerings in the stablecoin sector.Highlights: Kast raises $80 million inSeries A...

Nasdaq Connects European Trading Venues to Seturion Tokenized Asset Platform

New integration aims to enhance trading efficiency in Europe.Highlights: Nasdaq links European trading venues to Seturion platform.Integration focuses...