The educational answer provider has now raised a total of $155m since 2014, securing $100m in a series C round featuring Wanxin Media.
China-based educational services app developer Xuebajun has raised $100m in series C funding from investors including publisher Wanxin Media, China Money Network reported yesterday.
China Merchants Capital and EasyCapital co-led the round, investing alongside Vertex Ventures, which invests as a subsidiary of the Singaporean government, as well as Qiming Venture Partners, Trustbridge Partners and, according to Asian Venture Capital Journal, Yada Education.
Founded in 2013, Xuebajun has created a mobile app that provides answers to students’ queries, either through artificial…
