EEO secures tens of millions of US dollars in Series B round

On July 15, EEO, a SaaS service provider in the education industry, announced that it has raised tens of millions of US dollars in a Series B funding round with an exclusive investment from INCE Capital.

On July 15, EEO, a SaaS service provider in the education industry, announced that it has raised tens of millions of US dollars in a Series B funding round with an exclusive investment from INCE Capital.

Founded in 2014, EEO has always been committed to developing online live streaming systems that serve the education sector.

Launched in 2017, ClassIn, an online interactive live classroom, through the use of video, communication and cloud storage technologies, enables teachers and students to achieve remote online teaching that is comparable to offline classroom scenarios.

Currently, dozens of universities such as Peking University, Tsinghua University, University of Science and Technology of China, Shanghai Jiao Tong University, Beijing Normal University, East China Normal University, and many well-known secondary schools have started using ClassIn in their normal teaching.

In the education and training sector, 70% of the training institutions with over 100 million yuan revenue, including New Oriental and TAL Education Group, have become partners of EEO.

ClassIn is also widely used in international schools and various educational institutions. As of March 2020, ClassIn has provided services for tens of thousands of schools in over 140 countries worldwide.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/07/20/eeo-secures-tens-of-millions-of-us-dollars-in-series-b-round/.

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