Geek College-Chinese version Lynda is behind the 22 million dollar investment with SIG and Blue Chi

The University of China's largest online education platform for IT careers Susquehanna yesterday announced the completion of a joint injection of the sig (Analysys Group) of the international top venture capital and the Bluerun ventures. The amount of money injected is 22 million dollars. SIG (Susquehanna Analysys Group) has invested in companies such as home, giant networks, today's headlines, Camera360, etc. Lan (Bluerun Ventures) investment net, pplive, Beauty said and other companies. From China's largest mobile developer community to the Geeks College was founded in early 2014, online Education Web site rise in the tide, the starting point is not early, but as the latter, the school has gone all the way, so far, has become China's largest IT professional online education platform. Lynda in China has been used to compare with the Geek College, the former has 18 years of history, currently registered users 1 million, a round of financing of 100 million U.S. dollars. And the Geek College only spent more than half a year, the number of users from 0 to achieve 120,000. How the Geek College in a short period of time within a few months of rapid growth, the user scale of 120,000? This is from the Geek College founder Shan. Starting from college, Shan has all the qualities that a geek should have-passion, stubbornness, house, even deviant. Abandoning traditional educational opportunities and delving into programming, the enthusiasm and stubbornness that Shan three years after graduating from college wrote the first Android tutorial in China, the introduction and the actual battle for the development of Google, and participated in China's earliest Android training. A few years later, Shan and friends started the project EoE community as the country's largest Android developer gathering place, the number of users exceeded 2 million. Early this year, the IT Professional Online education Project Geek College, become Shan new entrepreneurial direction. Just this year, the global online education ushered in a burst of development, in China, from the internet giants to traditional education predators, and then to ordinary entrepreneurs, have joined the online education tide, but also said that the Internet once again changed life, this is the new era of education industry. As a betrayal of traditional education, Shan was fortunate enough to catch the tide of online education. In his view, the traditional It offline education model has come to a dead end, internet thinking becomes the only lifeline. According to Shan's logic, geek College from the community to extract the needs of users of data, and quickly put the actual combat needs into the production of online courses, and the curriculum + Community mode of iteration, and eventually formed a millet-type closed loop, the user needs in the first place, to meet the needs of users at the same time perfect platform and products The adherence to this idea, at present, the Geek College has gathered more than 300 it vocational technology courses, monopolized the first half of China's hottest technology courses, and launched many "China first" courses, such as China's first Flappy Bird course, China's first swift course, China's first 2048 lessonsCheng, China's first "Surround Neuro Cat" course and China's first "secret" course. Career online education industry has a broad prospect China online education market has become a big "blue sea" market. Data show that the 2013 China online education market size of 83.97 billion yuan, an increase of 19.9%, the user size of 67.2 million people, an increase of 13.8%. There is a forecast that the absolute value of online education in 2014 has reached about 100 billion, 2015 will reach 160 billion, each year to achieve a composite growth rate of around 30%. With the high growth of the number of users, the original course products, geek College in the blue Sea to stand out, quickly gaining the attention of the investment community. Under careful consideration, the Geek College finally accepted the investment of sig and Blue-chi ventures. Not only because of the other party's international reputation, but also as an investor for the Lynda College development thinking of understanding and support, optimistic that it became "China's". Geek College's ability to quickly get a huge amount of funding proves the team's vision and the market's prospects. But one of the most important messages is that the entire industry begins to enter the precipitation period from the previous uproar: startups need to rely on good service and course content to win users and development. Under the noisy appearance of the online education tide, the crisis behind is worth us to think calmly, although the current online education concept is very hot, the capital injects enthusiasm is very high, but actually can have the handful of revenue. Some of the domestic based on interest classes, free mode of online education Web site, in this case more risk is quite high. Geek College The future is more fierce on the financing use, Shan, founder and CEO of the College, said that in addition to continuing to build quality content, but also to strengthen the expansion of excellent team. Corporate cooperation will also be the focus of the next year. Shan's goal is to build a Chinese version of the Lynda, but not to set the ceiling. Lynda for the first financing as much as 103 million U.S. dollars, continuous profit 15, the Geek College developed rapidly, the future momentum is even more fierce. "It vocational education will be more than tens of billions of large market, the Geek College online has only achieved what we want to do 1%, this year our goal is to complete 10%," Shan said. (Source: Chinese Science and technology information)