Age of Learning, a Glendale, California-based early learning provider, announced a $300 million Series C funding round led by TPG, joined by Qatar Investment Authority (QIA) and Madrone Capital Partners.
The capital will be used for the company’s global expansion and further increasing investment in new products and technologies, according to its press release.
Founded in 2017, Age of Learning has several digital educational offerings for children, including ABCmouse Early Learning Academy, Adventure Academy, English language learning app ABCmouse English, and My Math Academy.
Age of Learning said these programs to date have helped educate more than 50 million children around the world and have been used in hundreds of thousands of classrooms.
The company partnered with China-based Tencent in 2018 and Japan-based Rakuten in 2019 to respectively expand into China and Japan. Tencent localized ABCmouse by integrating the product with QQ and WeChat.