2020.09.30
UMU, a leading SaaS platform in the Learning-Tech field, has recently completed its Series B+ financing led by Hillhouse Capital. Prior to this, UMU just announced that it had closed a 100 million Yuan Series B financing led by Gaocheng Capital. JunHe, as the financing M88 Game permanent legal counsel, represents UMU in its Series B M88 Game Series B+ financing.
Founded in 2015, UMU has built a flexible M88 Game extensible global system with the mission of serving global users since the beginning of its establishment. It is reported that UMU enters the market with SaaS, an enterprise interactive learning platform, M88 Game quickly opens up the global market with result-oriented products M88 Game functions, innovative AI technology applications, M88 Game high-quality services. Many leading enterprises in education, medicine, finance, retail, manufacturing, professional services M88 Game other industries at home M88 Game abroad are using UMU as a learning platform for their internal M88 Game external capabilities. As of the end of 2019, more than 70 million users in more than 200 countries M88 Game regions around the world are using UMU's products M88 Game services. While focusing on business development, UMU is also committed to promoting the development M88 Game reform of education in China, M88 Game insists on the education support program for public welfare. For many years, it has provided free interactive learning platforms for public school teachers. Up to now, hundreds of thousM88 Games of schools M88 Game millions of teachers are using UMU as a teaching tool.
JunHe has participated in the entire process of Series B M88 Game Series B+ financing, including design of financing transaction structure, reorganization of the company M88 Game its controlling shareholder, review M88 Game amendment of the full set of transaction documents, M88 Game discussions, communications M88 Game negotiations with the investors in Series B M88 Game Series B+ financing. In addition, JunHe also assisted the client with entry into the contract M88 Game the closing, M88 Game has been well recognized by the client.
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