Wanxue Education Receives $10 Million Investment from Leading Venture Funds
February 25, 2008
Last Friday, Sequoia Capital announced that it has partnered with Legend Capital to invest in Chinese tutoring service company Wanxue Education. The total investment was in the range of $10 million and the two investors will each receive approximately 10% stake of Wanxue. Founded in 2006, Wanxue provides tutoring services for college students preparing for graduate school entrance exams.
