On Monday, CoolVision Technology announced that it had completed its B Round of financing, garnering several hundred million yuan. The round was led by Source Code Capital and Cathay Capital Private Equity, followed by Qiming Venture Partners, Yunqi Partners and Toutoushidao Capital.
Up to now, CoolVision Technology has received five rounds of financing, making it the fastest-growing company in the enterprise training field. Previously, the company received A-Round financing with investment by Qiming Venture Partners, Yunqi Capital, Vision Knight Capital, Toutoushidao Capital and Beyondsoft. The angel round of financing was invested in by Huagai Capital.
As an internet company dedicated to promoting organizational capabilities with technology, CoolVision Technology helps enterprises solve problems such as knowledge management and talent training through its SaaS platform.
According to official information, “Cool College,” a product of CoolVision Technology, has maintained a growth rate of over 200% for four consecutive years, serving 100,000 enterprises and 20 million users at home and abroad, including thousands of paying enterprises, with a customer renewal rate over 90%.
According to the latest data released by iResearch, the scale of the enterprise training market will reach 164.4 billion yuan in 2020. Under the trend of enterprise e-learning, science and technology will become the key to transform the traditional enterprise training business. Taking online learning and examination platform of enterprises as the breakthrough point, CoolVision Technology has successively built a digital platform for enterprise training and talent development. The firm is committed to helping enterprises improve efficiency of talent training and generate income effectively.