[Update] Education Service Uniquedu Gets $20 Million Series A Funding

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Uniquedu, a leading comprehensive educational solution provider, announced that it has secured $20 million of Series A financing from Fosun Group’s venture capital arm Fosun Venture Capital Investment and an unnamed investment institution.

Uniquedu is dedicated to train the talents of software development professionals and project management in the areas of mobile Internet, cloud computing, and Internet marketing, as well as other cutting-edge domains.

Started as an offline education service, Uniquedu launched last August Kaikeba (classes begin in Chinese), a MOOC platform focused on training of IT talents, where Uniquedu put their homegrown curriculum online for anyone to learn using video and web-based testing. The capital received this time reportedly will be invested in the construction of Kaikeba platform.

Students who finished their courses and passed the exams on Kaikeba will get certificates. Similar to Coursera, Uniquedu is working with several famous Chinese universities, like Beihang University, Shanghai Jiaotong University, Dalian University of Technology, Xiamen University, which will honor these certificates and exchange them for credits towards a degree in these universities.

Kaikeba has a special group which is dedicated to design the online syllabus to adapt to the features of online educational scenario, such as to attract the attentions of learners, optimize user experience, timetable and distribution of knowledge points.

In addition to individual learners, Kaikeba also offers its services to universities, adopting a B2B2C model to be more specifically.

Headquartered in Beijing, Uniquedu also launched international branches in California’s Silicon Valley, Miami and Tokyo.

Online education sector witnessed massive capital injections this week. Language-learning service TutorGroup just secured $100 million Series B financing led by e-commerce giant Alibaba.

image credit: Kaikeba