17Zuoye calculates $100m series D

Mar 30, 2015 • Thierry Heles

The online education platform with a focus on mathematics and English language skills has received funding from backers including DST Global.

DST Global, the venture capital firm spun out of internet company Mail.ru, has backed a $100m series D round for China-based online education platform 17Zuoye, China Money Network reported earlier today.

H Capital led the series D round, while Singapore’s sovereign wealth fund Temasek and Shunwei Capital also participated.

Founded in 2011, 17Zuoye previously received a $20m series C round from DST and Tiger Management in February 2014. It closed a $10m series B round in 2013, backed by unnamed…

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