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XuetangX marks $14m series B spot

Dec 17, 2019 • Callum Cyrus

Massive open online course provider XuetangX, a Tsinghua University spinout, has sealed series B funding to bring its lifetime haul to $46.9m.

XuetangX, a China-based mass online education spinout of Tsinghua University, has obtained more than RMB100m ($14m) in a series B round led by investment firm Muahua Capital, DealStreetAsia reported on Friday.
Gaorong Capital and Redpoint China Ventures also participated in the series B round.
Founded in 2013, XuetangX has created an online platform that administers education courses to large, open classes – a curriculum model known as the massive open online course. It has more than 30 million…

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