Hillhouse Capital Leads $55M Series D Round In Chinese Online Educational Firm Kaochong – China Money Network
Beijing-based online educational platform Kaochong today announced that it has raised a US$55 million series D round led by Hillhouse Capital. The latest round saw the participation of existing investors including Tencent and Matrix Partners China. This is the second round of financing raised by the company this year. In March, Kaochong had raised US$20 million series C round led by Tencent. The company had also raised US$8 million series B round from Matrix Partners China in 2016 and an … Hillhouse Capital Leads $55M Series D Round In Chinese Online Educational Firm Kaochong appeared first on China Money Network.