Knowbox Raises $150 Million Round from Alibaba

Financing

Knowbox Raises $150 Million Round from Alibaba

Jun 3, 2019

GET TO KNOW YOU: Knowbox, a Beijing-based provider of an online platform for homework, tests, games and contests, has raised a $150 million Series D round from Chinese e-commerce giant Alibaba, according to K4ASIA.

Founded in 2014, Knowbox claims its services are used by 70 percent of China’s primary schools, servicing 3.7 million daily active users. Knowbox has at least $305.8 million in total funding raised to date.

Alibaba’s previous investments have included TutorGroup.

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