VIPKID Raises $200 Million in Series D Financing, With Sequoia Capital as Lead Investor and Tencent as Strategic InvestorTencent Announces Strategic Partnership with VIPKID
BEIJING, August 23, 2017-- VIPKID, the worlds largest online English education company, announced today that it has raised $200 million in series D financing, the largest round of funding ever raised in the sector. This landmark round was led by Sequoia Capital and joined by strategic investor Tencent as well as existing shareholders Yunfeng Capital, Matrix Partners China and Zhen Fund.