NetBig goes large with second round funding

Former Deutsche Bank executive attracts more venture capitalists with his Chinese e-learning portal.

NetBig, an online education company operating in the Greater China region, has secured second round funding from three top venture-capital and technology companies. Charles Huang, CEO and founder of NetBig, says that the funding amounts to around $15 million and comes from deals with Vertex Asset Management, Creative Technology and WW Global Technology Partnership.

Huang, a former head of securitization at Deutsche Bank in Hong Kong, and two of his former classmates started NetBig last year and received their first round of funding in October. That round was led by Hong Kong-listed Sino Land and injected $10 million into the company. Since then NetBig has focused on growing...

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