China Digest: Edtech platform 51CTO nets $20m; Guorou raises over $14m

China Digest: Edtech platform 51CTO nets $20m; Guorou raises over $14m

Chinese online IT technical training platform 51CTO has closed $20 million in a Series C round of financing led by Gaocheng Capital while another player in the same sector Guorou, which targets students from primary to senior schools, has raised over 100 million yuan ($14 million) across two rounds.