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iTutorGroup is a global online education platform that changes the way people learn and thus democratizes access to education. With more than 5,000 teaching consultants in 60 countries around the world, iTutorGroup is the largest online education platform that provides real-time interactive language training and easy access to experts on-demand through tens of millions of classes annually. The company was founded in 2004 by brothers Dr. Ming Yang and Dr. Eric Yang, and has grown to include offices in Shanghai, Beijing, Hong Kong, Taipei, and Silicon Valley. In its first round of funding, in 2012, iTutorGroup raised $15 million in investment capital from QiMing Venture Partners and CyberAgent. In February 2014 iTutorGroup announced a $100 million round of funding led by Alibaba Group alongside, SBI Group, Temasek Holdings and returning investors. In 2015, iTutorGroup closed its series C equity fundraising amounting to approximately $200 million. The investment values iTutorGroup at over $1 billion, and attracted marquee new investors, including GIC, Singapore’s sovereign fund; the Russia-China Investment Fund (RCIF); Goldman Sachs; and Silverlink Capital LP. Existing investor Temasek also participated in this round.
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Syracuse University is a private, international research university with distinctive academics, diversely unique offerings and an undeniable spirit. Located in the geographic heart of New York State, with a global footprint, and nearly 150 years of history, Syracuse University offers a quintessential college experience. The scope of Syracuse University is a testament to its strengths: a pioneering history dating back to 1870; a choice of more than 200 majors and 100 minors offered through 13 schools and colleges; nearly 15,000 undergraduates and 5,000 graduate students; more than a quarter of a million alumni in 160 countries; and a student population from all 50 U.S. states and 123 countries.