The company raised $26.9 million of Series B venture funding in a deal led by Exceed Capital Partners on March 12, 2018. Seaya Ventures, Insight Venture Partners and Variv Capital also participated in the round. The funds will be used to accelerate its growth into new markets, enhancing access to users in China, Japan, Korea, and the Philippines as well as expand its academic content and its subscriber base. Previously, the company raised $6.6 million of Series A-1 venture funding in a deal led by Seaya Ventures on May 31, 2017, putting the company's pre-money valuation at $20 million.
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