Moxueyuan, a Beijing-based corporate training platform, recently announced it raised nearly RMB100 million in extended Series A round led by Sequoia China, followed by Eastern Bell Capital.
The new investment will help the company improve products, and double down on its marketing and customer success system, said Xiong Jun, Moxueyuan founder.
Launched in 2009, Moxueyuan is a platform providing online training services for enterprises, enabling them to onboard employees through courses and exams.
Its platform can be accessed from its app, Tencent's WeChat and WeCom, Alibaba's Ding Talk, and TV, and it can also be seamlessly integrated into an enterprise's system or a third-party platform.
According to the company, it has over 3,000 online courses on the platform, and has partnered with 2,000 tutors and 300 training companies to offer blended learning services for clients.