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TutorGroup Raises $100M

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TutorGroup has closed roughly $100 million in a Series B round of financing. Alibaba Group, Temasek and Qiming Venture Partners particpated in the round. Founded in 2004, TutorGroup is an online education platform specializing in English training in Asia, and Mandarin Chinese training for global business professionals.

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Bipsync Raises $1.5M

Bipsync, a research automation platform for investment professionals, has closed a $1.5 million round of seed financing. Investors in the round include Russell Siegelman (Stanford Lecturer and Partner Emeritus, Kleiner Perkins Caufield & Byers), David Eisner (Founder of themarkets.com), and Steadfast Venture Capital.