Comment on English-learning Service 51Talk Raises $12 Million Series B Financing from Funds backed by Xiaomi’s CEO by English-leaning Site 51Talk Pockets Series C Financing Led by Sequoia Capital - TechNode

['Emma Lee', 'More Emma Lee', '.Wp-Block-Co-Authors-Plus-Coauthors.Is-Layout-Flow', 'Class', 'Wp-Block-Co-Authors-Plus', 'Display Inline', '.Wp-Block-Co-Authors-Plus-Avatar', 'Where Img', 'Height Auto Max-Width', 'Vertical-Align Bottom .Wp-Block-Co-Authors-Plus-Coauthors.Is-Layout-Flow .Wp-Block-Co-Authors-Plus-Avatar'] Comments for TechNode 2013-12-16 00:00:00

51Talk is an English-learning service which provides one-to-one course on oral English. It recently secured $12 million of Series B funding from Shunwei Venture Capital, a fund backed by Xiaomi’s CEO and co-founder Lei Jun. The company previously raised angel investment from ZhenFund in 2011 and several million dollars in Series A from DCM at the end of 2012. The company currently has more than 1,000 foreign teachers, mainly from Philippine, and more than 200 operation staff. Online education sector attracted the eyes of venture capitalists since the first half of this year and recorded strings of fundraising cases.