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TutorGroup Raises US$15 million from Qiming Venture Partners to Fund Expansion in China

SHANGHAI April 25, 2012 VIPABC.com TutorABC.com US$15 million China

China US$17 billion

Eric Yang

VIPABC.com TutorABC.com China Taiwan

To address and maintain teacher quality, TutorGroup as a leading brand employs the industry’s most rigorous training program; and TutorGroup was the first to introduce a merit pay program where student review of teacher performance sets teacher pay, creating a self-sustaining ecosystem of top quality instructors.

TutorGroup has established a cloud computing architecture for personalized language training.  This proprietary architecture is today complimented by a network of over 1,000 certified tutors in 60 cities worldwide, providing students 24/7 access to quality English language consulting in 14 countries.  TutorGroup offers online classes from conversational and business English to preparation for standardized language tests.  With its suite of proprietary software modules to monitor and enhance the live learning experience and patented fuzzy-coupling mechanism that smart-selects lesson plans and teachers based on the student’s background, preferences, proficiency level and needs, TutorGroup has redefined the concept of customized learning solutions.

TutorGroup’s launch of its browser-based TutorMobile® classroom on the Android platform in 2011 marked the world’s first synchronous application of its kind; and the much anticipated release of TutorMobile® on the iOS for both iPads and iPhones in the second quarter of 2012 will again raise the bar in classroom delivery, making learning truly mobile and universally accessible.

Eric Yang

TutorABCJr.com TutorMing.com

About Qiming Venture Partners

China Shanghai Beijing Hong Kong Seattle February 2006 US$1.1 Billion www.qimingventures.com

About TutorGroup

Asia VIPABC.com TutorABC.com TutorABCJr.com TutorMing.com www.tutor-group.com

Contacts

[email protected]
[email protected]

SOURCE TutorGroup Inc.

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