<article>Chinese early childhood education platform Zhang Tong Jia Yuan announced it has raised a $100 million Series D round from private equity firm Centurium Capital, it said in a statement on Thursday.</article>

Chinese early childhood education platform Zhang Tong Jia Yuan announced it has raised a $100 million Series D round from private equity firm Centurium Capital, it said in a statement on Thursday.
The fresh capital will be used to develop Zhang Tong Jia Yuan&#8217;s platform and to increase its efficiency to build a training tool for kindergarten principals.
According to the startup, prior to this round, Zhang Tong Jia Yuan has raised eight funding rounds, with total external financing reaching over  RMB1 billion ($150 million) from investors including US-listed New Oriental Group, Yuxin Capital, Zhihe Capital, China Equity Group and Shoutai Jinxin Equity Investment Fund Management.
Zhang Tong Jia Yuan founder Ye Renqian said: &#8220;This strategic investment will help to further strengthen our market position as the market leader. Moving forward, we will focus on creating a more open platform and a more complete ecosystem to further enhance the efficiency of the early childhood education industry.&#8221;
Founded in 2011 and launched in 2014, Zhang Tong Jia Yuan is an interactive education platform that connects parents with pre-school teachers by allowing teachers to share photos and videos of children in pre-schools.
Based on data from third party data platform Quest Mobile, Zhang Tong Jia Yuan has 9.9 million of active parent users on its platform, accounting for 65 per cent of the market share in the early childhood education market.
Centurium Capital executive director Liu Shaoqiang commented: &#8220;After four years, the company has a very deep understanding of the early childhood education market. The education service platform that Zhang Tong Jia Yuan is committed to has a huge market demand, we are very optimistic about development potential of the company.&#8221; 
New Oriental general manager of investment business department Zheng Zhao said: &#8220;All along, New Oriental is very optimistic about the model and development potential of Zhang Tong Jia Yuan. We also look forward to using the platform of the home to better promote the balanced development of pre-school education.&#8221;
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The fresh capital will be used for mainly to develop Zhang Tong Jia Yuan's platform and to increase its platform efficiency to build a training platform for kindergarten principals.

China: Early education platform Zhang Tong Jia Yuan bags $100m Series D

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China: Early education platform Zhang Tong Jia Yuan bags $100m Series D

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