Singapore-based edtech startup Cialfo has raised $40 million in Series B funding led by global investment firm Square Peg Capital and Australia-headquartered SEEK Investments, according to a statement.
The round was also joined by existing investors SIG Global, Vulcan Capital, DLF Venture, January Capital and Lim Teck Lee. With this, the firm has raised a total of $57 million to date. Cialfo last raised $15 million in its Series A round in February last year.
