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 video surveillance company. It launched its kindergarten surveillance app three years later. The app allows parents to access video surveillance in the kindergarten, and to communicate with teachers directly.