Owl Ventures Leads Lele's USD 40 Million Financing
Leleketang (aka. Lele), a Beijing-based online K-12 education service provider, announced on September 16 (local time) to finish its round C financing. The USD 40 million investment was led by Owl Ventures and followed by early rounds capital investors including Lightspeed China Partners, Morningside Venture Capital, and New Oriental. According to CEO Ying Mao, Lele will focus on human resources, contents, and technologies of education services.