Chinese kindergarten monitor system raises $100 million

In the wake of several child-abuse cases last year, Chinese parents want to monitor their kids at nursery. Zhang Tong Jia Yuan can help them.

Chinese kindergarten monitor system raises $100 million

Kindergarten communication system provider Zhang Tong Jia Yuan ZTJY has raised $100 million in Series D funding. Centurium Capital, a fund set up by Li Hui, the ex-APAC president of Warburg Pincus, led the round.

Proceeds will be used to develop ZTJY's platform and to increase message efficiency. The startup will also help to build a training platform for kindergarten principals.

ZTJY was founded in 2011 as a...

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