A mobile and web based community for science and technology education, Guokr has secured USD 20 million in series C round of funding led by Chinese Tomorrow Advancing Life (TAL) Education Group. TAL invested USD 15 million and remaining USD 5 million contributed by IDG Capital Partners.
The company will use the funds to focus on bringing more massive open online courses, or MOOCs content to the country and to “to improve the relationship between people and knowledge”, the company mentioned in a Blog Post.
The company claims to have 25 million users per month, who find and access the contents of the online education platform. Users can share and discuss the science related topics and read articles published by scientists, post on forums and ask questions.
Guokr has published over over 100 books, covering multiple categories of science, science fiction, children’s books and so on. Two years back, the firm launched massive open online courses or MOOCs to help members to learn about science and other fields. Last year, it had partnered with International MOOC content delivery platform Coursera and it was it’s second partner in China after Yeeyan. Other MOOCs site include the Chinese version of EdX, XuetangX, and Kaikeba.
Initially, Guokr’s MOOCs only had about 43,000 learners, but now it has more than 800,000 registered users. Started in 2010, as a venture of neurobiology Ji Shisan and writer Mu Ji, received USD 3 million series A round of funding in May 2011 from TBP, then a series B early this year from IDG.
MOOCs and the other open education projects are a great way to provide knowledge for all. Worldwide educational content is available for anyone, at any age to start learning. Also, online communities associated with MOOCs allow users to exchange notes with each other, have community discussions and that too at no or a very low cost.
Image Source: Company’s Website