English language revision platform Smartstudy.com has raised $10.6m in series A funding from Baidu, a month after the internet company acquired Chuanke.com.
China-based education platform SmartStudy.com has raised $10.6m in series A funding from search engine giant Baidu, China Money Network reported on Thursday.
The start-up, which was launched in February, is an online study aid for Chinese students trying to pass English language courses such as TOEFL, IELTS and GRE. It will use the new capital for marketing, team building and the developemnt of new online content.
SmartStudy previously raised $1.6m in seed funding from an undisclosed angel investor.
Baidu’s investment…
