NetDragon's education division to receive $52.5 mln Series A

NetDragon, a Chinese mobile internet platform developer, has inked an agreed to raise $52.5 million in Series A funding for its online education unit. The backers include IDG Capital Partners, Temasek Group subsidiary Vertex Venture and Alpha Animation. According to NetDragon, the funding will put its education subsidiary at a valuation of $477.5 million.

6 January 2015•4 mins read
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