51Talk, an oral English training service providing one-to-one courses, announced that it has received US$55 million of Series C financing led by Sequoia Capital along with DCM and the Shunwei Fund headed by Xiaomi founder Lei Jun.

It is worth nothing that 51Talk is the first online education company in which Sequoia Capital invested. Sequoia is the backer of a number of highly successful Chinese internet companies, like Alibaba, Qihoo 360, VipShop, JD, Dianping, and so on.

51Talk closed a US$12 million Series B round last year and received several million dollars in Series A from DCM at the end of 2012. The angel investment is secured in 2011 from ZhenFund which was founded by legendary angel investor Xu Xiaoping.

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Emma Lee

Emma Lee is Shanghai-based tech writer, covering startups and tech happenings in China and Asia in general. We are looking for stories related to tech and China. Reach her at lixin@technode.com.