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
