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HomeFinTechClassIn: Raises $265M in Series C Funding

ClassIn: Raises $265M in Series C Funding

Date:

  • 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

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