GL Ventures leads $265m Series C round in Chinese SaaS edtech firm EEO

GL Ventures leads $265m Series C round in Chinese SaaS edtech firm EEO

Empower Education Online (EEO), a Chinese Software-as-a-Service (SaaS) provider in the edtech field, has secured $265 million in a Series C round of financing led by Hillhouse Capital’s venture capital unit GL Ventures, the lead investor announced on November 28.