17zuoye Celebrates Chinese New Year with $100M Series D Round

17ZUOYE: Happy Chinese New Year--and $100 million worth of hongbao--to Beijing-based 17zuoye, which has closed a Series D round led by H Capital and joined by Temasek, Yuri Milner and Shunwei Capital Partners. The company, whose name means "homework together," offers an online collaboration platform that lets teachers create, distribute and grade assignments and share students' performance with parents. For English speaking exercises, the platform also offers feedback on students' pronunciation. (Here's an intro video.) Founded in 2007, the company now boasts over 7 million students and $135 million in venture funding. More details from Tech in Asia.

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