TutorGroup, an online language live tutoring company, has raised US$15 million in growth financing from Qiming Venture Partners.
The company intends to use the capital to expand the delivery of its services throughout China.
Founded in 2004 and led by CEO Dr. Eric Yang, TutorGroup is a premier provider of live synchronous e-Learning services. It specializes in English training in Asia and Mandarin Chinese training for global business professionals. The company has developed four prominent service product businesses including VIPABC.com, TutorABC.com, TutorABCJr.com for English training and TutorMing.com for Mandarin Chinese.
To date, TutorGroup has conducted over 5 million classes in 14 countries.
FinSMEs
25/04/2012